Two thirds of the annual appropriation remaining, after the deduction of not more than 12 percent of the annual appropriation for administrative expenses, shall be paid by the board as state aid to fairs eligible to receive such aid. Allotments of state aid shall be made on the basis of the percentage of premiums paid by a fair during the preceding year pursuant to Section 2-7-29 and in accordance with rules and regulations adopted by the board.
Structure Code of Alabama
Chapter 7 - Fairs and Exhibits.
Article 2 - State Aid to Agricultural Fairs.
Section 2-7-21 - Funds to Be Disbursed by Agricultural Center Board.
Section 2-7-22 - Qualifications for Receipt of Aid by Fairs.
Section 2-7-23 - Expenditures for Administrative Purposes.
Section 2-7-24 - Types of Awards Permitted.
Section 2-7-25 - Filing of Statement of Prizes to Be Awarded.
Section 2-7-26 - Verified Statement of Awards; Approval of Awards by Board; Payments to Fairs.
Section 2-7-27 - Amount of State Aid Payable to Fairs - Generally.
Section 2-7-28 - Amount of State Aid Payable to Fairs - Special Merit Awards.
Section 2-7-29 - Amount of State Aid Payable to Fairs - Limitations.
Section 2-7-30 - Fairs Receiving Direct Legislative Appropriations Ineligible for Aid Under Article.