Bill Title: Alabama Trust Fund, unrealized capital gains, oil and gas capital payments received during fiscal year, excluded from the calculation, clarified, realized gains from a public exchange traded equity asset, purchased and sold in same fiscal year, calculation method established, Amendment 666 (Section 219.04, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2012-05-16 - Forwarded to Secretary of State on May 16, 2012 at 12:00 a.m. on May 16, 2012 [SB147 Detail]

Text: Latest bill text (Enrolled) [PDF]

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