Code of Alabama
Chapter 9 - Education Trust Fund Rolling Reserve Act.
Section 29-9-6 - Temporary Transfers Into Education Trust Fund.

THIS SECTION WAS AMENDED BY ACT 2022-358 IN THE 2022 REGULAR SESSION, EFFECTIVE APRIL 13, 2022. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
During the first six months of a fiscal year, the Director of Finance may temporarily transfer available funds in the Budget Stabilization Fund into the Education Trust Fund as necessary to alleviate cash flow problems in the Education Trust Fund. Any funds temporarily transferred shall be repaid to the Budget Stabilization Fund from funds in the Education Trust Fund by September 30 of the fiscal year in which the transfer was made.

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Structure Code of Alabama

Code of Alabama

Title 29 - Legislature.

Chapter 9 - Education Trust Fund Rolling Reserve Act.

Section 29-9-1 - Short Title.

Section 29-9-2 - Definitions.

Section 29-9-2.1 - New Recurring Revenue.

Section 29-9-3 - Fiscal Year Appropriation Cap.

Section 29-9-4 - Education Trust Fund Budget Stabilization Fund; Education Trust Fund Advancement and Technology Fund.

Section 29-9-5 - Withdrawals From Education Trust Fund Budget Stabilization Fund.

Section 29-9-6 - Temporary Transfers Into Education Trust Fund.