“Our Republican legislature is once again standing on strong fiscal responsibility in relationship to the repayment of the $437.4 million that voters approved in September to be transferred from the Alabama Trust Fund to prop up state budgets for the next three years. The Republican led House passed HB94 last week, which mandates that the money be repaid to the Alabama Trust Fund. Today the Senate passed this legislation after adopting an amendment by Sen. Bryan Taylor that guarantees an automatic and annual appropriation to the Alabama Trust Fund to repay transfers within 10 years or less.
This amendment will make sure that this legislature and future legislatures do not simply kick the can down the road as had been done so many times in the 136 years of Democrat control in Montgomery.
This bill will now head back to the House for what I hope will be a quick approval vote before being sent to Governor Bentley’s desk for his signature.
Republicans continue to demonstrate in Montgomery that we are the party of conservative solutions and will continue doing the work to Right Size Government.”