43.331.090 - Washington works account. - Washington Statutes

Washington works account. (Effective December 2, 2010, if Referendum Bill No. 52 is approved by the voters at the November general election.)

The Washington works account is created in the state treasury. All receipts from bonds authorized under RCW 43.331.010 must be deposited in the account. Moneys in the account may be spent only after appropriation. The proceeds from the sale of the bonds authorized in RCW 43.331.010 must be deposited in the account. Moneys in the account must be used exclusively for:

     (1) The purposes of RCW 43.331.040 and 43.331.050 and section 303, chapter 35, Laws of 2010 1st sp. sess., which includes energy and operational cost savings improvements and related projects that result in energy and operational cost savings for public school districts and public higher education institutions; and

     (2) The payment of the expenses incurred in connection with the sale and issuance of the bonds.

[2010 1st sp.s. c 35 § 404.]

Notes: Intent -- Short title -- Contingent effective date -- 2010 1st sp.s. c 35: See notes following RCW 43.331.010.

Intent -- 2010 1st sp.s. c 35: See note following RCW 43.331.040.