The education legacy trust account is created in the state treasury. Money in the account may be spent only after appropriation. Expenditures from the account may be used only for deposit into the *student achievement fund and for expanding access to higher education through funding for new enrollments and financial aid, and other educational improvement efforts. During the 2009-2011 fiscal biennium, moneys in the account may also be transferred into the state general fund.
[2010 1st sp.s. c 37 § 953; 2008 c 329 § 924; 2005 c 514 § 1101.]
Notes: *Reviser's note: The "student achievement fund" created in RCW 43.135.045 was deleted pursuant to 2009 c 479 § 37.
Effective date -- 2010 1st sp.s. c 37: See note following RCW 13.06.050.
Severability -- Effective date -- 2008 c 329: See notes following RCW 28B.105.110.
Effective date -- 2005 c 514: "Except for sections 110(5), 114 through 116, 401 through 403, 501, 701, 1001 through 1004, 1106, 1201, 1311, and 1312 of this act, this act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect July 1, 2005." [2005 c 514 § 1302.]
Part headings not law -- Severability--2005 c 514: See notes following RCW 82.12.808.