HB487INTRODUCED Page 0 HB487 F7XUCC5-1 By Representative Colvin (N & P) RFD: Local Legislation First Read: 25-Apr-24 1 2 3 4 5 F7XUCC5-1 04/24/2024 FC (L)ma 2024-1638 Page 1 First Read: 25-Apr-24 A BILL TO BE ENTITLED AN ACT Relating to Marshall County, to amend 45-48-161 of the Code of Alabama 1975, to provide further for the distribution of in-lieu-of-taxes payments of the Tennessee Valley Authority. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Section 45-48-161 of the Code of Alabama 1975, is amended to read as follows: "ยง45-48-161 In each fiscal year, the distribution of the share of in-lieu-of-taxes payments of the Tennessee Valley Authority for Marshall County shall be as follows: (1) Twenty-five percent of the total amount allocated to Marshall County shall be distributed to the Marshall County Board of Education, the Arab City Board of Education, the Guntersville City Board of Education, the Albertville City Board of Education, and the Boaz Board of Education, on a per pupil basis based upon the student enrollment of the respective schools on the last day of the first monthly attendance report of each school year. (2)a. Four percent of the remaining 75 percent or two 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 HB487 INTRODUCED Page 2 (2)a. Four percent of the remaining 75 percent or two hundred thousand dollars ($200,000), whichever is greater, shall be allocated for the operation of the Marshall County Legislative Delegation Office. b. Any funds not expended for the operation of the legislative office may be used for educational purposes or industrial or economic development projects in Marshall County as approved by unanimous consent of the legislative delegation. (3) The remaining 71 funds percent shall be allocated as provided herein and shall be reviewed by the county legislative delegation every four years. a.1. Six percent of the remaining 71 funds percent or two hundred thirty twothirty-two thousand dollars ($232,000), whichever is greater, shall be allocated to the Marshall County Economic Development Office. These moneys monies shall be used to employ a director and staff and to carry out the operation of recruiting industries and job opportunities for Marshall County and each of the municipalities in the county. The director shall be employed by the Economic Development Board. 2. All money previously allocated to the Marshall County Economic Development Board which is accumulated and held in a designated fund for industrial or economic development projects in Marshall County is released for further allocation at the direction of the board. b. Thirty thousand dollars ($30,000) shall be allocated to the Marshall County Commission to help provide for school resource officers in the Marshall County school system. 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 HB487 INTRODUCED Page 3 resource officers in the Marshall County school system. c. Fifteen thousand dollars ($15,000) shall be allocated to the Marshall County Economic Development Board in addition to the allocation in paragraph a. d. Twenty-five thousand dollars ($25,000) shall be allocated to the Mountain Valley Council on the Arts commencing on October 1, 2006 . e. Thirteen thousand dollars ($13,000) shall be allocated to the City of Albertville for ambulance use so long as ambulance service is provided by the city; and twenty-seven thousand dollars ($27,000) shall be allocated to the City of Arab for ambulance use so long as the ambulance service is provided by the city. f. Fifty thousand dollars ($50,000) shall be allocated to Mountain Lakes Behavioral Health Care, for mental health services, including substance abuse treatment and prevention. g. Eighteen thousand dollars ($18,000) shall be allocated to the Marshall County Convention and Visitors Bureau. h. Twenty-five thousand dollars ($25,000) shall be allocated to the Marshall County Coalition Against Domestic Violence. i. Twenty-five thousand dollars ($25,000) shall be allocated to CASA of Marshall County, Inc., for services to the aging and homebound. j. Twenty-five thousand dollars ($25,000) shall be allocated to the Marshall County RSVP. (4) All remaining amounts after the preceding allocations shall be paid to the county governing body to be 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 HB487 INTRODUCED Page 4 allocations shall be paid to the county governing body to be distributed to the county and municipalities as provided by law." Section 2. This act shall become effective on June 1, 2024. 85 86 87 88