Thu, Oct 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Alabama Senate approves $1 bln road program

Posted on 12 March 2010

From Businessweek.com: Barron’s bill would take $100 million per year for 10 years from a state savings account called the Alabama Trust Fund. The trust fund receives royalties from natural gas wells drilled in state-owned waters along the Alabama coast and usually receives more than $100 million each year.

The trust fund currently has $2.5 billion. The annual withdrawals in Barron’s bill would end if the trust fund dropped below $2 billion……………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14863 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031