Children First Trust Fund, appropriations from for fiscal year ending September 30, 2026, use of allocation pursuant to Section 41-15B-2.2, Code of Alabama 1975 and this act, tobacco settlement revenues deposited in fund within 30 days of receipt.

SB 147 appropriates $36.6 million from Alabama's Children First Trust Fund for the fiscal year ending September 30, 2026, to fund specific child and family services agencies like the Alabama Medicaid Agency, Department of Human Resources, and juvenile probation programs. It requires all tobacco settlement revenues designated for the Trust Fund to be deposited within 30 days of receipt and mandates quarterly allocations to agencies based on available tobacco revenue, with written notifications from the State Director of Finance. The bill also transfers funds currently allocated to the State Board of Education from the Trust Fund to the State General Fund during FY2026 and appropriates an additional $44.2 million from other tobacco settlement funds for agencies like Medicaid and early childhood education. All allocations are conditioned on receipt of tobacco revenues, and unused funds remain in the Trust Fund rather than reverting to the general fund.