This Section Was Assigned by the Code Commissioner in the 2021 Regular Session, Effective May 17, 2021. This Is Not in the Current Code Supplement.

Checkout our iOS App for a better way to browser and research.

Section 41-23-278

THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2021 REGULAR SESSION, EFFECTIVE MAY 17, 2021. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

(a) There is created within the State Treasury the Connect Alabama Fund to be administered by the corporation. Appropriations by the Legislature, federal funds, gifts, grants, and other donations from any source that are received by the corporation shall be deposited into the Connect Alabama Fund to be distributed by the corporation to ADECA for use by the division for the implementation and administration of the statewide connectivity plan, including for the payment of the salaries of the division chief and any other employees and for the operating and administrative expenses of the authority and ADECA for the division.

(b) Any funds that are unspent at the end of a fiscal year shall be carried over for use by the division in the next fiscal year. Any interest earned from these funds shall be credited to the Connect Alabama Fund.

(Act 2021-465, §9.)


Download our app to see the most-to-date content.