Relating to Alabama Housing Trust Fund; mortgage recording fee increase

SB 244 increases the fee paid when recording home loans, deeds of trust, or similar property security instruments in Alabama. The bill modifies how this fee revenue is distributed, directing all proceeds to the Alabama Housing Trust Fund instead of general state funds. This change affects anyone recording such property-related financial instruments (like homebuyers or lenders), with the new revenue specifically funding housing programs. The fee amount itself remains unchanged (30 cents per $100 of debt), but the destination of the funds is now dedicated to housing. The bill makes no changes to the fee calculation method or the instruments subject to the fee.