Section 34-36-17 Funding. - Alabama Statutes

Section 34-36-17

Funding.

There is hereby established a separate fund in the State Treasury to be known as the "Alabama Board of Electrical Contractors Fund." All money derived under the provisions of this chapter shall be deposited in this fund and used only to carry out the provisions of this chapter. Such fund shall be paid out only by warrant of the Comptroller upon the Treasurer, upon itemized vouchers, approved by the executive secretary of the board; provided, that no funds shall be withdrawn or expended except as budgeted and allotted according to the provisions of Sections 41-4-80 through 41-4-96 and Sections 41-19-1 through 41-19-12, and only in amounts as stipulated in the general appropriation or other appropriation bills. Notwithstanding the foregoing provisions of this section, there is hereby appropriated from the State General Fund to the Alabama Board of Electrical Contractors for the fiscal year ending September 30, 1986, the sum of $100,000.00 or so much thereof as may be necessary to implement the provisions of this chapter. Provided further, that any funds unspent and unencumbered at the end of any state fiscal year in excess of $50,000.00 shall be transferred into the State General Fund. In addition, there is hereby appropriated from the Alabama Board of Electrical Contractors Fund to the Alabama Board of Electrical Contractors the amount necessary to repay the State General Fund for any and all amounts expended therefrom and such repayment to the State General Fund shall be made as soon as funds are available.

(Acts 1985, 2nd Ex. Sess., No. 85-921, p. 201, §17.)