Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Section 39.102.195 Limitation on use of revenues

§ 39.102.195. Limitation on use of revenues

Local excise tax allocation revenues, local property tax allocation revenues, other revenues from local public sources, that are dedicated to local infrastructure financing, and revenues received from the local option sales and use tax authorized in RCW 82.14.475, may not be used to pay for public improvement costs on a pay-as-you-go basis after the date that the sponsoring local government that issued the bonds as provided in RCW 39.102.150 is required to begin paying debt service on those bonds.

[2007 c 229 § 14.]

Notes:
     Application -- Severability -- Expiration date -- 2007 c 229: See notes following RCW 39.102.020.

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Last modified: April 7, 2009