47.12.340 Advanced environmental mitigation revolving account.

WA Rev Code § 47.12.340 (2019) (N/A)
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RCW 47.12.340 Advanced environmental mitigation revolving account.

(1) The advanced environmental mitigation revolving account is created in the custody of the treasurer, into which the department shall deposit directly and may expend without appropriation:

(a) An initial appropriation included in the department of transportation's 1997-99 budget, and deposits from other identified sources;

(b) All moneys received by the department from internal and external sources for the purposes of conducting advanced environmental mitigation; and

(c) Interest gained from the management of the advanced environmental mitigation revolving account.

(2) During the 2011-2013 and 2013-2015 fiscal biennia, the legislature may transfer from the advanced environmental mitigation revolving account to the motor vehicle account [fund] such amounts as reflect the excess fund balance of the advanced environmental mitigation revolving account.

(3) During the 2019-2021 fiscal biennium, the legislature may direct the state treasurer to make transfers of moneys in the advanced environmental mitigation revolving account to the motor vehicle fund.

[ 2019 c 416 § 715; 2013 c 306 § 715; 2010 c 247 § 703; 1997 c 140 § 3.]

NOTES:

Effective date—2019 c 416: See note following RCW 43.19.642.

Effective date—2013 c 306: See note following RCW 47.64.170.

Effective date—2010 c 247: See note following RCW 43.19.642.

Intent—1997 c 140: See note following RCW 47.12.330.