47.12.340 - Advanced environmental mitigation revolving account. - Washington Statutes

Advanced environmental mitigation revolving account.

The advanced environmental mitigation revolving account is created in the custody of the treasurer, into which the department shall deposit directly and may expend without appropriation:

     (1) An initial appropriation included in the department of transportation's 1997-99 budget, and deposits from other identified sources;

     (2) All moneys received by the department from internal and external sources for the purposes of conducting advanced environmental mitigation; and

     (3) Interest gained from the management of the advanced environmental mitigation revolving account.

     (4) During the 2009-2011 fiscal biennium, the legislature may transfer from the advanced environmental mitigation revolving account to the motor vehicle account such amounts as reflect the excess fund balance of the advanced environmental mitigation revolving account.

[2010 c 247 § 703; 1997 c 140 § 3.]

Notes: Effective date -- 2010 c 247: See note following RCW 43.19.642.

Intent -- 1997 c 140: See note following RCW 47.12.330.