§ 82.44.190. Transportation infrastructure account -- Deposits and distributions -- Subaccounts
The transportation infrastructure account is hereby created in the transportation fund. Public and private entities may deposit moneys in the transportation infrastructure account from federal, state, local, or private sources. Proceeds from bonds or other financial instruments sold to finance surface transportation projects from the transportation infrastructure account shall be deposited into the account. Principal and interest payments made on loans from the transportation infrastructure account shall be deposited into the account. Moneys in the account shall be available for purposes specified in RCW 82.44.195. Expenditures from the transportation infrastructure account shall be subject to appropriation by the legislature. To the extent required by federal law or regulations promulgated by the United States secretary of transportation, the state treasurer is authorized to create separate subaccounts within the transportation infrastructure account.
[1996 c 262 § 2.]
Notes:
Effective date -- 1996 c 262: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately [March 29, 1996]." [1996 c 262 § 5.]
Sections: Previous 82.44.010 82.44.015 82.44.035 82.44.060 82.44.065 82.44.090 82.44.100 82.44.120 82.44.135 82.44.140 82.44.180 82.44.190 82.44.195 82.44.900 Next
Last modified: April 7, 2009