§ 70.146.080. Determination of tax receipts in water quality account -- Transfer of sufficient moneys from general revenues
Within thirty days after June 30, 1987, and within thirty days after each succeeding fiscal year thereafter, the state treasurer shall determine the tax receipts deposited into the water quality account for the preceding fiscal year. If the tax receipts deposited into the account in each of the fiscal years 1988 and 1989 are less than forty million dollars, the state treasurer shall transfer sufficient moneys from general state revenues into the water quality account to bring the total receipts in each fiscal year up to forty million dollars.
For the biennium ending June 30, 1991, if the tax receipts deposited into the water quality account and the earnings on investment of balances credited to the account are less than ninety million dollars, the treasurer shall transfer sufficient moneys from general state revenues into the water quality account to bring the total revenue up to ninety million dollars. The determination and transfer shall be made by July 31, 1991.
For fiscal year 1992 and for fiscal years 1995 and 1996 and thereafter, if the tax receipts deposited into the water quality account for each fiscal year are less than forty-five million dollars, the treasurer shall transfer sufficient moneys from general state revenues into the water quality account to bring the total revenue up to forty-five million dollars. However, during the 2007-2009 fiscal biennium, the legislature may specify the transfer of a different amount in the operating budget bill. Determinations and transfers shall be made by July 31 for the preceding fiscal year.
[2007 c 522 § 956; 2005 c 518 § 941; 2003 1st sp.s. c 25 § 935; 1994 sp.s. c 6 § 902; 1993 sp.s. c 24 § 924; 1991 sp.s. c 16 § 923; 1986 c 3 § 11.]
Notes:
Severability -- Effective date -- 2007 c 522: See notes following RCW 15.64.050.
Severability -- Effective date--2005 c 518: See notes following RCW 28A.500.030.
Severability -- Effective date -- 2003 1st sp.s. c 25: See notes following RCW 19.28.351.
Severability -- Effective date -- 1994 sp.s. c 6: See notes following RCW 28A.310.020.
Severability -- Effective dates -- 1993 sp.s. c 24: See notes following RCW 28A.310.020.
Severability -- Effective date -- 1991 sp.s. c 16: See notes following RCW 9.46.100.
Effective dates -- 1986 c 3: See note following RCW 82.24.027.
Sections: Previous 70.146.010 70.146.020 70.146.030 70.146.040 70.146.050 70.146.060 70.146.070 70.146.075 70.146.080 70.146.090 70.146.100 70.146.110 70.146.120 70.146.900 Next
Last modified: April 7, 2009