FN-VUXIVL-2 Page 1 FISCAL NOTE House Bill 124 Committee: Ways and Means General FundSponsor: Representative Rex Reynolds Analyst: Peter Grogan Date: 04/19/2023 House Bill 124as reported by the Committee on Ways and Means General Fund would appropriate the following amounts from the following funds for the fiscal year ending September 30, 2024: State General Fund $2,911,902,655 Other State, Federal and Local Funds $18,569,847,774 Total Appropriation $21,481,750,429 In addition, this bill sets forth $146,192,335 as the beginning balance in the State General Fund for fiscal year 2024, excluding reversions and adjustments, and would provide for the appropriation of the unanticipated and unappropriated beginning balance in the State General Fund if the beginning balance is greater than the above stated amount as follows: (1) the first $3 million to the Legislative Services Agency for the new bill and budget drafting system; and (2) the next $50 million to the Department of Corrections - Correctional Capital Improvement Fund. In addition, this bill would: (1) appropriate up to $14.5 million to pay for a 2% salary increase; (2) appropriate up to $50 million for proportional inflationary increase for agencies; (3) conditionally appropriates the amount of $40 million from the State General Fund to the Department of Corrections to hire additional correctional officers; (4) appropriate the amounts necessary to pay SEIB $977 per month for health insurance per each full-time state employee; (5) conditionally appropriate the amount of $3.5 million from the State General Fund to the State Port Authority; (6) provide for the transfer of $23,505,000 from state agencies to the State FN-VUXIVL-2 Page 2 General Fund of which $16,505,000 is from the Department of Revenue; $6 million is from the Public Service Commission and $1 million is from the Securities Commission; (7) re-appropriate for Fiscal Year 2024 to the various state agencies in this act any amounts which are unexpended and reverted on September 30, 2023; (8) appropriate such amounts as may be necessary for Fiscal Year 2024 to the Retirement Systems of Alabama from the Senior Services Trust Fund; (9) appropriate tobacco settlement money, conditioned upon the receipt of revenue from any tobacco settlement or litigation and upon the recommendation of the Director of Finance and the Chairs of the Ways and Means General Fund Committee and the Senate Finance and Taxation General Fund Committee and approval by the Governor; and (10) appropriate all funds collected under Section 40-12-43.1 to the Auburn University Center for Governmental Services for the administration of the examiner certification program established by the Alabama Local Tax Institute of Standards and Training.