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| 1 | + | SB100INTRODUCED | |
| 2 | 2 | Page 0 | |
| 3 | 3 | SB100 | |
| 4 | - | HQPA388- | |
| 4 | + | HQPA388-1 | |
| 5 | 5 | By Senators Chesteen, Melson, Stutts | |
| 6 | 6 | RFD: Education Policy | |
| 7 | 7 | First Read: 14-Feb-24 | |
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| 12 | + | 5 HQPA388-1 01/24/2024 JB (F)ma 2023-3743 | |
| 13 | 13 | Page 1 | |
| 14 | 14 | First Read: 14-Feb-24 | |
| 15 | + | SYNOPSIS: | |
| 16 | + | Under existing law, the Board of Medical | |
| 17 | + | Scholarship Awards grants scholarships and makes loans | |
| 18 | + | to medical students. | |
| 19 | + | This bill would create the Board of Medical | |
| 20 | + | Scholarship Awards Fund in the State Treasury, require | |
| 21 | + | monies received by the board from the repayment of | |
| 22 | + | loans, fees, donations, grants, and bequests to be | |
| 23 | + | deposited in the fund and continuously appropriate the | |
| 24 | + | fund for granting scholarships and making loans to | |
| 25 | + | medical students. | |
| 15 | 26 | A BILL | |
| 16 | 27 | TO BE ENTITLED | |
| 17 | 28 | AN ACT | |
| 18 | 29 | Relating to the Board of Medical Scholarship Awards; to | |
| 19 | 30 | amend Section 16-47-123.1, Code of Alabama 1975; to create the | |
| 20 | 31 | Board of Medical Scholarship Awards Fund in the State Treasury | |
| 21 | 32 | and continuously appropriate the fund for granting | |
| 22 | 33 | scholarships or making loans to medical students. | |
| 23 | 34 | BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: | |
| 24 | 35 | Section 1. Section 16-47-123.1 of the Code of Alabama | |
| 25 | 36 | 1975, is amended to read as follows: | |
| 26 | - | "§16-47-123.1 | |
| 27 | - | (a) The Board of Medical Scholarship Awards Fund is | |
| 28 | - | hereby created in the State Treasury. All monies received by | |
| 29 | - | the board pursuant to Section 16-47-125 or Section 16-47-127 | |
| 30 | - | and from fees, gifts, donations, grants, and bequests shall be | |
| 31 | - | deposited in the fund and are continuously appropriated for | |
| 32 | - | granting scholarships or making loans to medical students. | |
| 33 | - | (b) The board shall establish the fiscal requirements | |
| 34 | - | for its annual administration expenses, which may be paid from | |
| 35 | - | funds from any source which are available to the board." | |
| 36 | - | Section 2. The provisions of this act are declaratory | |
| 37 | - | of, and do not constitute a change in, existing law. | |
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| 65 | - | 28 SB100 | |
| 64 | + | 28 SB100 INTRODUCED | |
| 66 | 65 | Page 2 | |
| 66 | + | 1975, is amended to read as follows: | |
| 67 | + | "§16-47-123.1 | |
| 68 | + | (a) The Board of Medical Scholarship Awards Fund is | |
| 69 | + | hereby created in the State Treasury. All monies received by | |
| 70 | + | the board pursuant to Section 16-47-125 or Section 16-47-127 | |
| 71 | + | and from fees, gifts, donations, grants, and bequests shall be | |
| 72 | + | deposited in the fund and are continuously appropriated for | |
| 73 | + | granting scholarships or making loans to medical students. | |
| 74 | + | (b) The board shall establish the fiscal requirements | |
| 75 | + | for its annual administration expenses, which may be paid from | |
| 76 | + | funds from any source which are available to the board." | |
| 77 | + | Section 2. The provisions of this act are declaratory | |
| 67 | 78 | of, and do not constitute a change in, existing law. | |
| 68 | 79 | Section 3. This act shall become effective on October | |
| 69 | 80 | 1, 2024. | |
| 70 | 81 | 29 | |
| 71 | - | 30 SB100 Enrolled | |
| 72 | - | Page 3 | |
| 73 | - | 1, 2024. | |
| 74 | - | ________________________________________________ | |
| 75 | - | President and Presiding Officer of the Senate | |
| 76 | - | ________________________________________________ | |
| 77 | - | Speaker of the House of Representatives | |
| 78 | - | SB100 | |
| 79 | - | Senate 27-Feb-24 | |
| 80 | - | I hereby certify that the within Act originated in and passed | |
| 81 | - | the Senate. | |
| 82 | - | Patrick Harris, | |
| 83 | - | Secretary. | |
| 84 | - | House of Representatives | |
| 85 | - | Passed: 19-Mar-24 | |
| 86 | - | By: Senator Chesteen | |
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