§ 43.08.190. State treasurer's service fund -- Creation -- Purpose
There is hereby created a fund within the state treasury to be known as the "state treasurer's service fund." Such fund shall be used solely for the payment of costs and expenses incurred in the operation and administration of the state treasurer's office.
Moneys shall be allocated monthly and placed in the state treasurer's service fund equivalent to a maximum of one percent of the trust and treasury average daily cash balances from the earnings generated under the authority of RCW 43.79A.040 and 43.84.080 other than earnings generated from investment of balances in funds and accounts specified in RCW 43.79A.040 or 43.84.092(4). The allocation shall precede the distribution of the remaining earnings as prescribed under RCW 43.79A.040 and 43.84.092. The state treasurer shall establish a uniform allocation rate based on the appropriations for the treasurer's office.
During the 2007-2009 fiscal biennium, the legislature may transfer from the state treasurer's service fund to the state general fund such amounts as reflect the excess fund balance of the fund.
[2008 c 329 § 912; 2005 c 518 § 925; 2003 1st sp.s. c 25 § 916; 1991 sp.s. c 13 § 83; 1985 c 405 § 506; 1973 c 27 § 2.]
Notes:
Severability -- Effective date -- 2008 c 329: See notes following RCW 28B.105.110.
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.
Effective dates -- Severability -- 1991 sp.s. c 13: See notes following RCW 18.08.240.
Severability -- 1985 c 405: See note following RCW 9.46.100.
Sections: Previous 43.08.090 43.08.100 43.08.110 43.08.120 43.08.130 43.08.135 43.08.140 43.08.150 43.08.160 43.08.180 43.08.190 43.08.200 43.08.250 43.08.280 43.08.290 Next
Last modified: April 7, 2009