Alabama § 29-9-5 - Withdrawals from Education Trust Fund Budget Stabilization Fund.
Full text of Alabama Code of Alabama § 29-9-5 — Withdrawals from Education Trust Fund Budget Stabilization Fund., with citation guidance and answers to common questions.
§ 29-9-5. Withdrawals from Education Trust Fund Budget Stabilization Fund.
Amounts in the Education Trust Fund Budget Stabilization Fund may be withdrawn only to prevent proration in the Education Trust Fund. The Governor must certify to the state Comptroller and notify the Legislature that proration would occur in the Education Trust Fund before funds may be withdrawn to prevent proration. Following the certification and notification by the Governor, withdrawals may be made from the Education Trust Fund Budget Stabilization Fund to prevent proration; however, the withdrawals shall be limited to the amount of the anticipated proration and funds allotted only to the extent necessary to avoid proration of appropriations from the Education Trust Fund. Any funds withdrawn from the Budget Stabilization Fund in excess of the amount necessary to avoid proration shall be transferred back to the Budget Stabilization Fund within 30 days after the end of the fiscal year in which withdrawals are made.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 29-9-5
What does Code of Alabama § 29-9-5 cover?
Section 29-9-5 ("Withdrawals from Education Trust Fund Budget Stabilization Fund.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 29-9-5?
A common citation format is "Code of Alabama § 29-9-5" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 29-9-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.