The net proceeds of the state fees shall be transmitted to the state Comptroller and distributed as follows:(1) Seventy-five percent to the Foundation for Local Schools as provided in Chapter 26C of Title 16, to be allocated to the credit of local school systems. (2) Twenty-five percent to the Penny Trust Fund as established by Amendment 512 of the Constitution of Alabama of 1901, and by Chapter 15A of Title 41.
Alabama Legal Code
Section 5-23-4 - Proceeds
Source: https://alison.legislature.state.al.us/code-of-alabama?section=5-23-4· Version 2026