Alabama Statutes

§ 45-48-161 — Disposition of Funds

Alabama § 45-48-161
JurisdictionAlabama
Title 45Local Laws
Ch. 48Marshall County
Art. 16Government Operations
Part 2Distribution of Tva Payments

This text of Alabama § 45-48-161 (Disposition of Funds) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 45-48-161 (2026).

Text

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 City 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 or two hundred forty thousand dollars ($240,000), whichever is greater, shall be allocated for the operation of the Marshall County Legislative Delegation Office. b. Any funds n

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Act 86-564, p. 1151, § 1; Act 90-396, p. 554, § 1; Act 93-550, p. 905, § 1; Act 97-490, p. 875, § 1; Act 2000-208, p. 275, § 1; Act 2003-235, p. 583, § 1; Act 2006-346, p. 916, § 1; Act 2007-498, p. 1056, § 1; Act 2012-480, p. 1329, § 1; Act 2016-291, p. 728, § 1; Act 2025-83, §1.)

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Alabama § 45-48-161, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-48-161.