29A.04.430 - Interest on reimbursement. - Washington Statutes

Interest on reimbursement.

For any reimbursement of election costs under RCW 29A.04.420, the secretary of state shall pay interest at an annual rate equal to two percentage points in excess of the discount rate on ninety-day commercial paper in effect at the federal reserve bank in San Francisco on the fifteenth day of the month immediately preceding the payment for any period of time in excess of thirty days after the receipt of a properly executed and documented voucher for such expenses and the entry of an allotment from specifically appropriated funds for this purpose. The secretary of state shall promptly notify any county that submits an incomplete or inaccurate voucher for reimbursement under RCW 29A.04.420.

[2003 c 111 § 148; 1986 c 167 § 7. Formerly RCW 29.13.048.]

Notes: Severability -- 1986 c 167: See note following RCW 29A.04.049.