The Alabama Trust Fund Payback

The Alabama Trust Fund Payback

From 2012-2013 the Alabama Trust Fund (ATF) will transfer $437 million to the State General Fund (GF). Although the constitutional amendment authorizing the transfer provides no provisions for repayment, the Alabama Legislature passed legislation in 2013 to repay the ATF by 2026. The State Legislature must handle the budgetary problems the State has faced over the past decade, make lasting changes, and avoid temporary fixes.