LegalFix

Section 16-33C-16 - Appropriations from the Education Trust Fund to the PACT Trust Fund.

AL Code § 16-33C-16 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a) There is annually appropriated from the Education Trust Fund to the PACT Trust Fund the following amounts in the following fiscal years:

(1) For the fiscal year ending 2016 -- $33,952,000;

(2) For the fiscal year ending 2017 -- $63,622,000;

(3) For the fiscal year ending 2018 -- $62,783,000;

(4) For the fiscal year ending 2019 -- $61,539,000;

(5) For the fiscal year ending 2020 -- $60,738,300;

(6) For the fiscal year ending 2021 -- $31,881,600;

(7) For the fiscal year ending 2022 -- $32,181,600;

(8) For the fiscal year ending 2023 -- $33,494,400;

(9) For the fiscal year ending 2024 -- $33,728,700;

(10) For the fiscal year ending 2025 -- $38,449,500;

(11) For the fiscal year ending 2026 -- $39,201,000;

(12) For the fiscal year ending 2027 -- $32,500,000.

(b) Beginning with the fiscal year ending September 30, 2017, for budgetary purposes and annual budget calculations, fifty-five percent (55%) of the appropriations made in this section shall be considered to be a portion of the funding received by colleges and universities, and the remainder shall be considered to be the same as appropriations made for debt service.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
Section 16-33C-16 - Appropriations from the Education Trust Fund to the PACT Trust Fund.