Section 9-30-109 - Children's Trust Fund(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a special trust fund to be known as the "Children's Trust Fund".(b) All county clerks in this state shall charge a fee of ten dollars ($10.00) in addition to all other fees prescribed by law for each marriage license issued, and the clerks shall transmit the ten-dollar fee to the Treasurer of State who shall deposit it into the trust fund as special revenues.(c)(1) Until the balance of the trust fund reaches ten million dollars ($10,000,000), not more than eighty percent (80%) of the money credited to the trust fund during any fiscal year shall be disbursed during that fiscal year.(2) When the balance in the trust fund reaches ten million dollars ($10,000,000), disbursements from the trust fund shall be limited to the amount in excess of ten million dollars ($10,000,000).(d) The Treasurer of State shall credit to the trust fund all moneys earned on the trust fund balance.(e) No more than twenty percent (20%) of the revenues derived from the marriage license fees during any fiscal year shall be used to cover the administrative costs of the trust fund.(f) The twenty-percent limitation does not apply to capital expenditures.Amended by Act 2017, No. 897,§ 11, eff. 7/1/2017Acts 1987, No. 397, § 6; 1991, No. 694, § 1; 1993, No. 174, § 1; 2003, No. 1224, § 2