HB387ENROLLED Page 0 IFNGWZ-2 By Representatives Collins, Moore (P), Stadthagen, Yarbrough (N & P) RFD: Local Legislation First Read: 25-Apr-23 2023 Regular Session 1 2 3 4 5 6 HB387 EnrolledHB387 Enrolled Page 1 Enrolled, An Act, Relating to Morgan County; to provide further for the distribution and expenditure of in-lieu-of-taxes payments received from the Tennessee Valley Authority distributed to Morgan County. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1.(a) Any provision of law to the contrary notwithstanding, the proceeds allocated to Morgan County, pursuant to Act 2010-135, 2010 Regular Session, from the in-lieu-of-taxes payments made by the Tennessee Valley Authority shall be distributed as follows for the fiscal years specified below in the following order: (1) For each fiscal year beginning October 1, 2023, until the fiscal year beginning October 1, 2032, four hundred thousand dollars ($400,000) shall be distributed to Calhoun Community College for the purpose of securing funding to build a Phase III for the Alabama Center for the Arts in downtown Decatur to support higher education in Morgan County and to support dual enrollment with the public school systems of the City of Decatur, the City of Hartselle, and the Morgan County Board of Education. The disbursement to each school shall be conditional upon the school initiating the project before or during the 2023-2024 fiscal year. Should the project not commence before October 1, 2024, the funds shall remain in an account until otherwise appropriated by legislative act. (2) After the distribution in subdivision (1) and any remaining distribution provided by Act 2013-199, 2013 Regular 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 HB387 EnrolledHB387 Enrolled Page 2 Session, for the fiscal years beginning October 1, 2022; October 1, 2023; October 1, 2024; October 1, 2025; and October 1, 2026, the remaining proceeds up to a total of two hundred seventy-five thousand dollars ($275,000) each year shall be distributed to the Community Foundation of Greater Decatur, Inc., to be distributed by the community foundation based on recommendations for expenditure from the member representing each House of Representatives District and the Senate District comprised of territory in Morgan County as follows: The funds shall be divided into two shares, with one share to be expended in the Senate District and one share to be expended in the House of Representatives Districts based on the approximate population of each House of Representatives District in Morgan County as a percentage of the total population of Morgan County. Any distributions pursuant to this subdivision shall be at the sole discretion of the Community Foundation of Greater Decatur, Inc. (3) Any funds distributed to Morgan County pursuant to Act 2010-135, 2010 Regular Session, after the appropriations provided in this section shall be distributed each year to the Morgan County legislative delegation office. Section 2. This act shall become effective immediately following its passage and approval by the Governor, or its otherwise becoming law. 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 HB387 EnrolledHB387 Enrolled Page 3 ________________________________________________ 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 02-May-23. John Treadwell Clerk Senate 18-May-23 Passed 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78