(a) All tobacco revenues from the tobacco settlement received by the state previously designated for the Children First Trust Fund shall be deposited to the Children First Trust Fund within 30 calendar days of receipt of those tobacco revenues.
(b) Allocations from the Children First Trust Fund are conditioned upon the receipt of tobacco revenues.
Structure Code of Alabama
Section 41-15B-1 - Definitions.
Section 41-15B-2 - Children First Trust Fund.
Section 41-15B-2.1 - Transfer and Use of Funds.
Section 41-15B-2.2 - Allocation of Trust Fund Revenues.
Section 41-15B-2.3 - Appropriations or Allocations to State Board of Education.
Section 41-15B-3 - Eligibility to Receive Allocations.
Section 41-15B-4 - Permanent Joint Interim Legislative Oversight Committee.
Section 41-15B-5 - Budget Request Information.
Section 41-15B-6 - Funding of Programs.
Section 41-15B-7 - Disposition of Funds.
Section 41-15B-8 - Transfer From State General Funds; Repayment.