HB 127 — To make an appropriation of $39,097,848 from the Children First Trust Fund for the fiscal year ending September 30, 2024, to the entities and for the purposes designated in Section 41-15B-2.2, Code of Alabama 1975; to provide for the deposit of tobacco settlement revenues into the Children First Trust Fund; to require written notification of anticipated agency allocations by the State Director of Finance; to require quarterly allocations; to condition allocations on receipt of tobacco revenues; to provide for the transfer to the State General Fund during fiscal year 2024 that portion of Children First Trust Fund receipts currently allocated for the State Board of Education; to make an appropriation of $50,511,261 from other tobacco settlement funds for the fiscal year ending September 30, 2024; and to make a conditional appropriation and allocation of additional tobacco revenues upon the recommendation of the Director of Finance, the Chairman of the House Ways and Means General Fund Committee and the Chairman of the Senate Finance and Taxation-General Fund Committee, and the approval of the Governor.

HB127 INTRODUCEDENROLLED HWGM33-1HWGM33-2 By Representative Warren RFD:

21-Mar-23 2023 Regular Session Page 0 HWGM33-1HB127 3/03/2023Enrolled EBO-DHCEnrolled, (E)An JTAct, 2023-63 2To 4make SYNOPSIS:an appropriation of $39,097,848 from the Children First Trust Fund for the fiscal year ending September 30, 2024, to the entities and for the purposes designated in Section 41-15B-2.2, Code of Alabama 1975;

Under existing law, Children First Trust Fund programs are required to be funded through a separate appropriation in a separate act.

This bill would make an appropriation of $39,097,848 from the Children First Trust Fund for the fiscal year ending September 30, 2024, to the entities and for the purposes designated in Section 41-15B-2.2, Code of Alabama 1975.

This bill would provide for the deposit of tobacco settlement revenues into the Children First Trust Fund, would require the State Director of Finance to notify each agency in writing of the amount of each agency's anticipated allocation, would require quarterly allocation to each agency, and would condition allocations upon the receipt of tobacco funds.

This bill would provide for the transfer to the State General Fund during fiscal year 2024 that portion of Children First Trust Fund receipts currently allocated for the State Board of Education.

This bill would make an appropriation of $50,511,261 from other tobacco settlement funds for the fiscal year ending September 30, 2024.

This bill would also make a conditional appropriation and allocation of any additional tobacco Page 1 HB127 INTRODUCED revenue on recommendation of the Director of Finance, the Chairman of the House Ways and Means General Fund Committee and the Chairman of the Senate Finance and Taxation-General Fund Committee, and approval of the Governor.

A BILL TO BE ENTITLED AN ACT To make an appropriation of $39,097,848 from the Children First Trust Fund for the fiscal year ending September 30, 2024, to the entities and for the purposes designated in Section 41-15B-2.2, Code of Alabama 1975;

and to make a conditional appropriation and allocation of additional tobacco revenues upon the recommendation of the Director of Finance, the Chairman of the House Ways and Means General Fund Committee Page 2 HB127 INTRODUCED and the Chairman of the Senate Finance and Taxation-General Fund Committee, and the approval of the Governor.

(a) There is hereby appropriated from the Children First Trust Fund the sum of $39,097,848 for the fiscal year ending September 30, 2024, to the entities and for the purposes designated in Section 41-15B-2.2, Code of Alabama Page 1 HB127 Enrolled 1975 as follows, per the approved plan of investment for each agency:

(2) The Director of Finance shall notify each agency and the Department of Early Childhood Education in writing prior to September 1, 2023, of the dollar amount of the Page 3 HB127 INTRODUCED allocation expected to be received by the agency from the Children First Trust Fund in the fiscal year ending September 30, 2024.

(3) At the beginning of each quarter of the fiscal year ending September 30, 2024, the respective agency shall be allocated at least one-fourth of the total amount appropriated and allocated to the agency for that fiscal year when tobacco Page 2 HB127 Enrolled revenues are available for the respective agency.

In the event tobacco revenues are not available for the respective agency until later in the fiscal year then the respective agency 95 shall be allocated an equal quarterly allotment for the quarters that funds are available at the beginning of those quarters.

(d) At the conclusion of the fiscal year, any remaining Page 4 HB127 INTRODUCED sums in the Children First Trust Fund shall remain in the fund and shall not revert to the State General Fund or to any other fund.

Notwithstanding any provision of Division 1 of Article 17 of Chapter 10 of Title 41, Code of Alabama 1975, any provision of Chapter 15B of Title 41, Code of Alabama 1975, or any other provision of law, that portion of Children Page 3 HB127 Enrolled First Trust Fund receipts currently allocated for the State Board of Education shall be transferred from the Children First Trust Fund to the State General Fund during the fiscal year ending September 30, 2024.

Department of Early Childhood Education 500,000 21st Century Debt Service 16,000,000 95 Senior Services Trust Fund 1,536,309 Alabama Medicaid Agency 30,482,005 Department of Senior Services - Medicaid Waiver 1,992,947 Section 4.

The Executive Budget Office and the Director Page 5 HB127 INTRODUCED of Finance shall allot funds appropriated from the Children First Trust Fund only following the certification by the Secretary of the Department of Early Childhood Education that a plan of investment has been approved for each agency.

The Secretary of the Department of Early Childhood Education shall prescribe the form and format on which each agency receiving appropriated funds herein shall submit a plan of investment of Page 4 HB127 Enrolled said appropriated funds.

The Secretary of the Department of Early Childhood Education shall notify legislators representing the area where a grant from the Page 6 HB127 INTRODUCED Children First Trust Fund is designated.

The Page 5 HB127 Enrolled Secretary, upon the request of the service agency, may approve an adjusted plan of investment.

Page 76 HB127 Enrolled ________________________________________________ Speaker of the House of Representatives ________________________________________________ President and Presiding Officer of the Senate House of Representatives I hereby certify that the within Act originated in and was passed by the House 25-Apr-23.

John Treadwell Clerk Senate 25-May-23 Passed Page 7