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2023 Code of Alabama
Title 41 - State Government.
Chapter 23 - Department of Economic and Community Affairs.
Article 16 - Connect Alabama Act of 2021.
Section 41-23-278 - Connect Alabama Fund.

Universal Citation: AL Code § 41-23-278 (2023)
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Section 41-23-278

Connect Alabama Fund.

(a) There is created within the State Treasury the Connect Alabama Fund to be administered by the corporation. Appropriations by the Legislature, federal funds, gifts, grants, and other donations from any source that are received by the corporation shall be deposited into the Connect Alabama Fund to be distributed by the corporation to ADECA for use by the division for the implementation and administration of the statewide connectivity plan, including for the payment of the salaries of the division chief and any other employees and for the operating and administrative expenses of the authority and ADECA for the division.

(b) Any funds that are unspent at the end of a fiscal year shall be carried over for use by the division in the next fiscal year. Any interest earned from these funds shall be credited to the Connect Alabama Fund.

(Act 2021-465, §9.)

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