Children First Trust Fund, appropriations from for fiscal year ending September 30, 2027, use of allocation pursuant to Section 41-15B-2.2, Code of Alabama 1975 and this act, tobacco settlement revenues deposited in fund within 30 days of receipt
Enacted
Summary
The enacted law allocates $36,635,222 from the Children First Trust Fund for the fiscal year ending September 30, 2027 to a list of state agencies, and requires all tobacco settlement revenues to be deposited into the fund within 30 days of receipt. It establishes quarterly, tobacco‑revenue‑contingent payments, moves the portion previously earmarked for the State Board of Education to the General Fund, and adds $43,789,530 from other tobacco settlement funds for early‑childhood and senior services.
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