Bill Title: Alabama Trust Fund, unrealized capital gains, oil and gas capital payments received during fiscal year, excluded from the calculation, clarified, realized gains from a public exchange traded equity asset, purchased and sold in same fiscal year, calculation method established, Amendment 666 (Section 219.04, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2012-03-15 - Read for the first time and referred to the Senate committee on Finance and Taxation General Fund [SB414 Detail]

Text: Latest bill text (Introduced) [PDF]

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