The bill amends Section 45-48-161 of the Code of Alabama 1975 to revise the distribution of in-lieu-of-taxes payments from the Tennessee Valley Authority for Marshall County. Key changes include the allocation of 25% of the total amount to various school boards on a per pupil basis, and a new provision that mandates a minimum allocation of $240,000 or 4% of the remaining funds (whichever is greater) for the operation of the Marshall County Legislative Delegation Office. Additionally, the bill specifies that the remaining funds will be reviewed every four years by the county legislative delegation, with a new allocation of $247,000 or 6% of the remaining funds (whichever is greater) designated for the Marshall County Economic Development Office.

Further allocations include $30,000 for school resource officers, $50,000 for mental health services, and $25,000 each for various organizations, including the Marshall County Coalition Against Domestic Violence and CASA of Marshall County, Inc. Notably, the bill introduces a new allocation of $25,000 to Snead State Community College. The bill also modifies previous allocations, such as changing the amount for ambulance services for the City of Boaz and removing certain allocations that were previously designated for the Marshall County Economic Development Board. The act is set to take effect on June 1, 2025.

Statutes affected:
Introduced: 45-48-161
Enrolled: 45-48-161