RCW 43.84.092
Deposit of surplus balance investment earnings -- Treasury income account -- Accounts and funds credited. (Expires July 1, 2009.)

(1) All earnings of investments of surplus balances in the state treasury shall be deposited to the treasury income account, which account is hereby established in the state treasury.

     (2) The treasury income account shall be utilized to pay or receive funds associated with federal programs as required by the federal cash management improvement act of 1990. The treasury income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for refunds or allocations of interest earnings required by the cash management improvement act. Refunds of interest to the federal treasury required under the cash management improvement act fall under RCW 43.88.180 and shall not require appropriation. The office of financial management shall determine the amounts due to or from the federal government pursuant to the cash management improvement act. The office of financial management may direct transfers of funds between accounts as deemed necessary to implement the provisions of the cash management improvement act, and this subsection. Refunds or allocations shall occur prior to the distributions of earnings set forth in subsection (4) of this section.

     (3) Except for the provisions of RCW 43.84.160, the treasury income account may be utilized for the payment of purchased banking services on behalf of treasury funds including, but not limited to, depository, safekeeping, and disbursement functions for the state treasury and affected state agencies. The treasury income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for payments to financial institutions. Payments shall occur prior to distribution of earnings set forth in subsection (4) of this section.

     (4) Monthly, the state treasurer shall distribute the earnings credited to the treasury income account. The state treasurer shall credit the general fund with all the earnings credited to the treasury income account except:

     (a) The following accounts and funds shall receive their proportionate share of earnings based upon each account's and fund's average daily balance for the period: The budget stabilization account, the capitol building construction account, the Cedar River channel construction and operation account, the Central Washington University capital projects account, the charitable, educational, penal and reformatory institutions account, the cleanup settlement account, the Columbia river basin water supply development account, the common school construction fund, the county criminal justice assistance account, the county sales and use tax equalization account, the data processing building construction account, the deferred compensation administrative account, the deferred compensation principal account, the department of retirement systems expense account, the developmental disabilities community trust account, the drinking water assistance account, the drinking water assistance administrative account, the drinking water assistance repayment account, the Eastern Washington University capital projects account, the education construction fund, the education legacy trust account, the election account, the energy freedom account, The Evergreen State College capital projects account, the federal forest revolving account, the freight congestion relief account, the freight mobility investment account, the freight mobility multimodal account, the health services account, the public health services account, the health system capacity account, the personal health services account, the state higher education construction account, the higher education construction account, the highway infrastructure account, the high occupancy toll lanes operations account, the industrial insurance premium refund account, the judges' retirement account, the judicial retirement administrative account, the judicial retirement principal account, the local leasehold excise tax account, the local real estate excise tax account, the local sales and use tax account, the medical aid account, the mobile home park relocation fund, the multimodal transportation account, the municipal criminal justice assistance account, the municipal sales and use tax equalization account, the natural resources deposit account, the oyster reserve land account, the pension funding stabilization account, the perpetual surveillance and maintenance account, the public employees' retirement system plan 1 account, the public employees' retirement system combined plan 2 and plan 3 account, the public facilities construction loan revolving account beginning July 1, 2004, the public health supplemental account, the public works assistance account, the Puyallup tribal settlement account, the real estate appraiser commission account, the regional mobility grant program account, the resource management cost account, the rural Washington loan fund, the site closure account, the small city pavement and sidewalk account, the special wildlife account, the state employees' insurance account, the state employees' insurance reserve account, the state investment board expense account, the state investment board commingled trust fund accounts, the supplemental pension account, the Tacoma Narrows toll bridge account, the teachers' retirement system plan 1 account, the teachers' retirement system combined plan 2 and plan 3 account, the tobacco prevention and control account, the tobacco settlement account, the transportation infrastructure account, the transportation partnership account, the traumatic brain injury account, the tuition recovery trust fund, the University of Washington bond retirement fund, the University of Washington building account, the volunteer firefighters' and reserve officers' relief and pension principal fund, the volunteer firefighters' and reserve officers' administrative fund, the Washington fruit express account, the Washington judicial retirement system account, the Washington law enforcement officers' and firefighters' system plan 1 retirement account, the Washington law enforcement officers' and firefighters' system plan 2 retirement account, the Washington public safety employees' plan 2 retirement account, the Washington school employees' retirement system combined plan 2 and 3 account, the Washington state health insurance pool account, the Washington state patrol retirement account, the Washington State University building account, the Washington State University bond retirement fund, the water pollution control revolving fund, and the Western Washington University capital projects account. Earnings derived from investing balances of the agricultural permanent fund, the normal school permanent fund, the permanent common school fund, the scientific permanent fund, and the state university permanent fund shall be allocated to their respective beneficiary accounts. All earnings to be distributed under this subsection (4)(a) shall first be reduced by the allocation to the state treasurer's service fund pursuant to RCW 43.08.190.

     (b) The following accounts and funds shall receive eighty percent of their proportionate share of earnings based upon each account's or fund's average daily balance for the period: The aeronautics account, the aircraft search and rescue account, the county arterial preservation account, the department of licensing services account, the essential rail assistance account, the ferry bond retirement fund, the grade crossing protective fund, the high capacity transportation account, the highway bond retirement fund, the highway safety account, the motor vehicle fund, the motorcycle safety education account, the pilotage account, the public transportation systems account, the Puget Sound capital construction account, the Puget Sound ferry operations account, the recreational vehicle account, the rural arterial trust account, the safety and education account, the special category C account, the state patrol highway account, the transportation 2003 account (nickel account), the transportation equipment fund, the transportation fund, the transportation improvement account, the transportation improvement board bond retirement account, and the urban arterial trust account.

     (5) In conformance with Article II, section 37 of the state Constitution, no treasury accounts or funds shall be allocated earnings without the specific affirmative directive of this section.

[2008 c 106 § 3; (2008 c 106 § 2 expired July 1, 2008). Prior: 2007 c 514 § 3; 2007 c 484 § 4; 2007 c 356 § 9; prior: 2006 c 337 § 11; (2006 c 337 § 10 expired July 1, 2006); 2006 c 311 § 23; (2006 c 311 § 22 expired July 1, 2006); 2006 c 171 § 10; (2006 c 171 § 9 expired July 1, 2006); 2006 c 56 § 10; (2006 c 56 § 9 expired July 1, 2006); 2006 c 6 § 8; prior: 2005 c 514 § 1106; 2005 c 353 § 4; 2005 c 339 § 23; 2005 c 314 § 110; 2005 c 312 § 8; 2005 c 94 § 2; 2005 c 83 § 5; prior: (2005 c 353 § 2 expired July 1, 2005); 2004 c 242 § 60; prior: 2003 c 361 § 602; 2003 c 324 § 1; 2003 c 150 § 2; 2003 c 48 § 2; prior: 2002 c 242 § 2; 2002 c 114 § 24; 2002 c 56 § 402; prior: 2001 2nd sp.s. c 14 § 608; (2001 2nd sp.s. c 14 § 607 expired March 1, 2002); 2001 c 273 § 6; (2001 c 273 § 5 expired March 1, 2002); 2001 c 141 § 3; (2001 c 141 § 2 expired March 1, 2002); 2001 c 80 § 5; (2001 c 80 § 4 expired March 1, 2002); 2000 2nd sp.s. c 4 § 6; prior: 2000 2nd sp.s. c 4 § 5; (2000 2nd sp.s. c 4 §§ 3, 4 expired September 1, 2000); 2000 c 247 § 702; 2000 c 79 § 39; (2000 c 79 §§ 37, 38 expired September 1, 2000); prior: 1999 c 380 § 9; 1999 c 380 § 8; 1999 c 309 § 929; (1999 c 309 § 928 expired September 1, 2000); 1999 c 268 § 5; (1999 c 268 § 4 expired September 1, 2000); 1999 c 94 § 4; (1999 c 94 §§ 2, 3 expired September 1, 2000); 1998 c 341 § 708; 1997 c 218 § 5; 1996 c 262 § 4; prior: 1995 c 394 § 1; 1995 c 122 § 12; prior: 1994 c 2 § 6 (Initiative Measure No. 601, approved November 2, 1993); 1993 sp.s. c 25 § 511; 1993 sp.s. c 8 § 1; 1993 c 500 § 6; 1993 c 492 § 473; 1993 c 445 § 4; 1993 c 329 § 2; 1993 c 4 § 9; 1992 c 235 § 4; 1991 sp.s. c 13 § 57; 1990 2nd ex.s. c 1 § 204; 1989 c 419 § 12; 1985 c 57 § 51.]

NOTES:

     Expiration dates -- 2008 c 106 §§ 2 and 3: "(1) Section 2 of this act expires July 1, 2008.

     (2) Section 3 of this act expires July 1, 2009." [2008 c 106 § 5.]

     Effective dates -- 2008 c 106 §§ 3 and 4: "(1) Section 3 of this act takes effect July 1, 2008.

     (2) Section 4 of this act takes effect July 1, 2009." [2008 c 106 § 6.]

     Contingent effective date -- 2007 c 484 §§ 2-8: See note following RCW 43.79.495.

     Short title -- 2007 c 356: See note following RCW 74.31.005.

     Effective date -- 2006 c 337 § 11: "Section 11 of this act takes effect July 1, 2006." [2006 c 337 § 14.]

     Expiration date -- 2006 c 337 § 10: "Section 10 of this act expires July 1, 2006." [2006 c 337 § 13.]

     Effective date -- 2006 c 311 § 23: "Section 23 of this act takes effect July 1, 2006." [2006 c 311 § 31.]

     Expiration date -- 2006 c 311 § 22: "Section 22 of this act expires July 1, 2006." [2006 c 311 § 30.]

     Findings -- 2006 c 311: See note following RCW 36.120.020.

     Expiration date -- 2006 c 171 § 9: "Section 9 of this act expires July 1, 2006." [2006 c 171 § 14.]

     Effective date -- 2006 c 171 §§ 8 and 10: See note following RCW 42.56.270.

     Findings -- Severability -- 2006 c 171: See RCW 43.325.001 and 43.325.901.

     Expiration date -- 2006 c 56 § 9: "Section 9 of this act expires July 1, 2006." [2006 c 56 § 11.]

     Effective dates -- 2006 c 56: See note following RCW 41.45.230.

     Effective date -- 2006 c 6: See RCW 90.90.900.

     Effective date -- 2005 c 514 § 1106: "Section 1106 of this act takes effect July 1, 2006." [2005 c 514 § 1313.]

     Part headings not law -- Severability -- 2005 c 514: See notes following RCW 82.12.808.

     Effective dates -- 2005 c 353: See note following RCW 71A.20.170.

     Effective date -- 2005 c 339 § 23: "Section 23 of this act takes effect July 1, 2006." [2005 c 339 § 25.]

     Effective dates -- 2005 c 314 §§ 110 and 201-206: See note following RCW 46.17.010.

     Part headings not law -- 2005 c 314: See note following RCW 46.17.010.

     Effective dates -- 2005 c 312 §§ 6 and 8: See note following RCW 42.17.310.

     Intent -- Captions -- 2005 c 312: See notes following RCW 47.56.401.

     Effective dates -- 2005 c 94: "(1) Section 1 of 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.

     (2) Section 2 of this act takes effect July 1, 2006." [2005 c 94 § 3.]

     Findings -- Effective dates -- 2005 c 83: See notes following RCW 47.26.340.

     Effective date -- 2004 c 242: See RCW 41.37.901.

     Findings -- Part headings not law -- Severability -- 2003 c 361: See notes following RCW 82.36.025.

     Effective dates -- 2003 c 361: See note following RCW 82.08.020.

     Effective date -- 2003 c 150 §§ 2 and 3: "Sections 2 and 3 of this act take effect July 1, 2005." [2003 c 150 § 4.]

     Findings -- Intent -- 2003 c 150; 2002 c 242: "The legislature finds that the community economic revitalization board plays a valuable and unique role in stimulating and diversifying local economies, attracting private investment, creating new jobs, and generating additional state and local tax revenues by investing in public facilities projects that result in new or expanded economic development. The legislature also finds that it is in the best interest of the state and local communities to secure a stable and dedicated source of funds for the community economic revitalization board. It is the intent of the legislature to establish an ongoing funding source for the community economic revitalization board that will be used exclusively to advance economic development infrastructure. This act provides a partial funding solution by directing that beginning July 1, 2005, the interest earnings generated by the public works assistance account shall be used to fund the community economic revitalization board's financial assistance programs. These funds are not for use other than for the stated purpose and goals of the community economic revitalization board." [2003 c 150 § 1; 2002 c 242 § 1.]

     Effective date -- 2003 c 48: See note following RCW 29A.04.440.

     Finding -- Intent -- 2002 c 114: See RCW 47.46.011.

     Captions not law -- 2002 c 114: See note following RCW 47.46.011.

     Captions and subheadings not law -- Severability -- 2002 c 56: See RCW 36.120.900 and 36.120.901.

     Effective date -- 2001 2nd sp.s. c 14 § 608: "Section 608 of this act takes effect March 1, 2002." [2001 2nd sp.s. c 14 § 611.]

     Expiration date -- 2001 2nd sp.s. c 14 § 607: "Section 607 of this act expires March 1, 2002." [2001 2nd sp.s. c 14 § 610.]

     Severability -- Effective date -- 2001 2nd sp.s. c 14: See notes following RCW 47.04.210.

     Effective date -- 2001 c 273 § 6: "Section 6 of this act takes effect March 1, 2002." [2001 c 273 § 8.]

     Expiration date -- 2001 c 273 § 5: "Section 5 of this act expires March 1, 2002." [2001 c 273 § 7.]

     Effective date -- 2001 c 141 § 3: "Section 3 of this act takes effect March 1, 2002." [2001 c 141 § 6.]

     Expiration date -- 2001 c 141 § 2: "Section 2 of this act expires March 1, 2002." [2001 c 141 § 5.]

     Purpose -- 2001 c 141: "This act is needed to comply with federal law, which is the source of funds in the drinking water assistance account, used to fund the Washington state drinking water loan program as part of the federal safe drinking water act." [2001 c 141 § 1.]

     Effective date -- 2001 c 80 § 5: "Section 5 of this act takes effect March 1, 2002." [2001 c 80 § 7.]

     Expiration date -- 2001 c 80 § 4: "Section 4 of this act expires March 1, 2002." [2001 c 80 § 6.]

     Findings -- Intent -- 2001 c 80: See note following RCW 43.70.040.

     Expiration date -- 2000 2nd sp.s. c 4 §§ 3 and 4: "Sections 3 and 4 of this act expire September 1, 2000." [2000 2nd sp.s. c 4 § 37.]

     Effective date -- 2000 2nd sp.s. c 4 §§ 1-3 and 20: See note following RCW 82.08.020.

     Effective dates -- 2000 2nd sp.s. c 4 §§ 4-10: See note following RCW 43.89.010.

     Effective dates -- Subchapter headings not law -- 2000 c 247: See RCW 41.40.931 and 41.40.932.

     Expiration date -- 2000 c 79 §§ 37 and 38: "Sections 37 and 38 of this act expire September 1, 2000." [2000 c 79 § 49.]

     Effective dates -- 2000 c 79 §§ 26, 38, and 39: See note following RCW 48.43.041.

     Severability -- 2000 c 79: See note following RCW 48.04.010.

     Severability -- Effective date -- 1999 c 380: See RCW 43.99P.900 and 43.99P.901.

     Expiration date -- 1999 c 309 § 928: "Section 928 of this act expires September 1, 2000." [1999 c 309 § 930.]

     Effective dates -- 1999 c 309 §§ 927-929, 931, and 1101-1902: See note following RCW 43.79.480.

     Severability -- 1999 c 309: See note following RCW 41.06.152.

     Effective date -- 1999 c 268 § 5: "Section 5 of this act takes effect September 1, 2000." [1999 c 268 § 7.]

     Expiration date -- 1999 c 268 § 4: "Section 4 of this act expires September 1, 2000." [1999 c 268 § 6.]

     Expiration date -- 1999 c 94 §§ 2 and 3: "Sections 2 and 3 of this act expire September 1, 2000." [1999 c 94 § 36.]

     Legislative finding -- 1999 c 94: "The legislature finds that a periodic review of the accounts and their uses is necessary. While creating new accounts may facilitate the implementation of legislative intent, the creation of too many accounts limits the effectiveness of performance-based budgeting. Too many accounts also limit the flexibility of the legislature to address emerging and changing issues in addition to creating administrative burdens for the responsible agencies. Accounts created for specific purposes may no longer be valid or needed. Accordingly, this act eliminates accounts that are not in use or are unneeded and consolidates accounts that are similar in nature." [1999 c 94 § 1.]

     Effective dates -- 1999 c 94: "(1) Sections 1, 2, 5 through 24, 29 through 31, and 33 of this act are necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and take effect July 1, 1999.

     (2) Section 4 of this act takes effect September 1, 2000.

     (3) Sections 32 and 37 of this act are necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and take effect June 30, 1999.

     (4) Sections 3, 25 through 28, and 34 of this act take effect July 1, 2000." [1999 c 94 § 35.]

     Effective date -- 1998 c 341: See RCW 41.35.901.

     Findings -- Effective date -- 1997 c 218: See notes following RCW 70.119.030.

     Transportation infrastructure account -- Highway infrastructure account -- Finding -- Intent -- Purpose -- 1996 c 262: See RCW 82.44.195.

     Effective date -- 1996 c 262: See note following RCW 82.44.190.

     Effective date -- 1995 c 394: "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 June 1, 1995." [1995 c 394 § 3.]

     Declaration -- Intent -- Purpose -- 1995 c 122: See RCW 59.21.006.

     Severability -- Effective date -- 1995 c 122: See RCW 59.21.904 and 59.21.905.

     Severability -- Effective dates -- 1994 c 2 (Initiative Measure No. 601): See RCW 43.135.903 and 43.135.904.

     Severability -- Effective dates -- Part headings, captions not law -- 1993 sp.s. c 25: See notes following RCW 82.04.230.

     Findings -- Intent -- 1993 sp.s. c 25: See note following RCW 82.45.010.

     Effective date -- Application -- 1993 sp.s. c 8: "This act shall take effect July 1, 1993, but shall not be effective for earnings on balances prior to July 1, 1993." [1993 sp.s. c 8 § 3.]

     Finding -- Severability -- Effective date -- 1993 c 500: See notes following RCW 43.41.180.

     Findings -- Intent -- 1993 c 492: See notes following RCW 43.20.050.

     Short title -- Severability -- Savings -- Captions not law -- Reservation of legislative power -- Effective dates -- 1993 c 492: See RCW 43.72.910 through 43.72.915.

     Effective date -- 1993 c 329: See note following RCW 90.50A.020.

     Legislative declaration -- Effective date -- 1993 c 4: See notes following RCW 47.56.770.

     Effective dates -- Severability -- 1991 sp.s. c 13: See notes following RCW 18.08.240.

     Applicability -- 1990 2nd ex.s. c 1: See note following RCW 82.14.050.

     Severability -- 1990 2nd ex.s. c 1: See note following RCW 82.14.300.

     Intent -- Effective date -- 1989 c 419: See notes following RCW 4.92.006.

     Effective date -- 1985 c 57: See note following RCW 18.04.105.

     RCW 43.84.092
Deposit of surplus balance investment earnings -- Treasury income account -- Accounts and funds credited. (Effective July 1, 2009.)

(1) All earnings of investments of surplus balances in the state treasury shall be deposited to the treasury income account, which account is hereby established in the state treasury.

     (2) The treasury income account shall be utilized to pay or receive funds associated with federal programs as required by the federal cash management improvement act of 1990. The treasury income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for refunds or allocations of interest earnings required by the cash management improvement act. Refunds of interest to the federal treasury required under the cash management improvement act fall under RCW 43.88.180 and shall not require appropriation. The office of financial management shall determine the amounts due to or from the federal government pursuant to the cash management improvement act. The office of financial management may direct transfers of funds between accounts as deemed necessary to implement the provisions of the cash management improvement act, and this subsection. Refunds or allocations shall occur prior to the distributions of earnings set forth in subsection (4) of this section.

     (3) Except for the provisions of RCW 43.84.160, the treasury income account may be utilized for the payment of purchased banking services on behalf of treasury funds including, but not limited to, depository, safekeeping, and disbursement functions for the state treasury and affected state agencies. The treasury income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for payments to financial institutions. Payments shall occur prior to distribution of earnings set forth in subsection (4) of this section.

     (4) Monthly, the state treasurer shall distribute the earnings credited to the treasury income account. The state treasurer shall credit the general fund with all the earnings credited to the treasury income account except:

     The following accounts and funds shall receive their proportionate share of earnings based upon each account's and fund's average daily balance for the period: The aeronautics account, the aircraft search and rescue account, the budget stabilization account, the capitol building construction account, the Cedar River channel construction and operation account, the Central Washington University capital projects account, the charitable, educational, penal and reformatory institutions account, the cleanup settlement account, the Columbia river basin water supply development account, the common school construction fund, the county arterial preservation account, the county criminal justice assistance account, the county sales and use tax equalization account, the data processing building construction account, the deferred compensation administrative account, the deferred compensation principal account, the department of licensing services account, the department of retirement systems expense account, the developmental disabilities community trust account, the drinking water assistance account, the drinking water assistance administrative account, the drinking water assistance repayment account, the Eastern Washington University capital projects account, the education construction fund, the education legacy trust account, the election account, the energy freedom account, the essential rail assistance account, The Evergreen State College capital projects account, the federal forest revolving account, the ferry bond retirement fund, the freight congestion relief account, the freight mobility investment account, the freight mobility multimodal account, the grade crossing protective fund, the health services account, the public health services account, the health system capacity account, the personal health services account, the high capacity transportation account, the state higher education construction account, the higher education construction account, the highway bond retirement fund, the highway infrastructure account, the highway safety account, the high occupancy toll lanes operations account, the industrial insurance premium refund account, the judges' retirement account, the judicial retirement administrative account, the judicial retirement principal account, the local leasehold excise tax account, the local real estate excise tax account, the local sales and use tax account, the medical aid account, the mobile home park relocation fund, the motor vehicle fund, the motorcycle safety education account, the multimodal transportation account, the municipal criminal justice assistance account, the municipal sales and use tax equalization account, the natural resources deposit account, the oyster reserve land account, the pension funding stabilization account, the perpetual surveillance and maintenance account, the public employees' retirement system plan 1 account, the public employees' retirement system combined plan 2 and plan 3 account, the public facilities construction loan revolving account beginning July 1, 2004, the public health supplemental account, the public transportation systems account, the public works assistance account, the Puget Sound capital construction account, the Puget Sound ferry operations account, the Puyallup tribal settlement account, the real estate appraiser commission account, the recreational vehicle account, the regional mobility grant program account, the resource management cost account, the rural arterial trust account, the rural Washington loan fund, the safety and education account, the site closure account, the small city pavement and sidewalk account, the special category C account, the special wildlife account, the state employees' insurance account, the state employees' insurance reserve account, the state investment board expense account, the state investment board commingled trust fund accounts, the state patrol highway account, the supplemental pension account, the Tacoma Narrows toll bridge account, the teachers' retirement system plan 1 account, the teachers' retirement system combined plan 2 and plan 3 account, the tobacco prevention and control account, the tobacco settlement account, the transportation 2003 account (nickel account), the transportation equipment fund, the transportation fund, the transportation improvement account, the transportation improvement board bond retirement account, the transportation infrastructure account, the transportation partnership account, the traumatic brain injury account, the tuition recovery trust fund, the University of Washington bond retirement fund, the University of Washington building account, the urban arterial trust account, the volunteer firefighters' and reserve officers' relief and pension principal fund, the volunteer firefighters' and reserve officers' administrative fund, the Washington fruit express account, the Washington judicial retirement system account, the Washington law enforcement officers' and firefighters' system plan 1 retirement account, the Washington law enforcement officers' and firefighters' system plan 2 retirement account, the Washington public safety employees' plan 2 retirement account, the Washington school employees' retirement system combined plan 2 and 3 account, the Washington state health insurance pool account, the Washington state patrol retirement account, the Washington State University building account, the Washington State University bond retirement fund, the water pollution control revolving fund, and the Western Washington University capital projects account. Earnings derived from investing balances of the agricultural permanent fund, the normal school permanent fund, the permanent common school fund, the scientific permanent fund, and the state university permanent fund shall be allocated to their respective beneficiary accounts. All earnings to be distributed under this subsection (4)(a) shall first be reduced by the allocation to the state treasurer's service fund pursuant to RCW 43.08.190.

     (5) In conformance with Article II, section 37 of the state Constitution, no treasury accounts or funds shall be allocated earnings without the specific affirmative directive of this section.

[2008 c 128 § 19; 2008 c 106 § 4; (2008 c 106 § 2 expired July 1, 2008). Prior: 2007 c 514 § 3; 2007 c 513 § 1; 2007 c 484 § 4; 2007 c 356 § 9; prior: 2006 c 337 § 11; (2006 c 337 § 10 expired July 1, 2006); 2006 c 311 § 23; (2006 c 311 § 22 expired July 1, 2006); 2006 c 171 § 10; (2006 c 171 § 9 expired July 1, 2006); 2006 c 56 § 10; (2006 c 56 § 9 expired July 1, 2006); 2006 c 6 § 8; prior: 2005 c 514 § 1106; 2005 c 353 § 4; 2005 c 339 § 23; 2005 c 314 § 110; 2005 c 312 § 8; 2005 c 94 § 2; 2005 c 83 § 5; prior: (2005 c 353 § 2 expired July 1, 2005); 2004 c 242 § 60; prior: 2003 c 361 § 602; 2003 c 324 § 1; 2003 c 150 § 2; 2003 c 48 § 2; prior: 2002 c 242 § 2; 2002 c 114 § 24; 2002 c 56 § 402; prior: 2001 2nd sp.s. c 14 § 608; (2001 2nd sp.s. c 14 § 607 expired March 1, 2002); 2001 c 273 § 6; (2001 c 273 § 5 expired March 1, 2002); 2001 c 141 § 3; (2001 c 141 § 2 expired March 1, 2002); 2001 c 80 § 5; (2001 c 80 § 4 expired March 1, 2002); 2000 2nd sp.s. c 4 § 6; prior: 2000 2nd sp.s. c 4 § 5; (2000 2nd sp.s. c 4 §§ 3, 4 expired September 1, 2000); 2000 c 247 § 702; 2000 c 79 § 39; (2000 c 79 §§ 37, 38 expired September 1, 2000); prior: 1999 c 380 § 9; 1999 c 380 § 8; 1999 c 309 § 929; (1999 c 309 § 928 expired September 1, 2000); 1999 c 268 § 5; (1999 c 268 § 4 expired September 1, 2000); 1999 c 94 § 4; (1999 c 94 §§ 2, 3 expired September 1, 2000); 1998 c 341 § 708; 1997 c 218 § 5; 1996 c 262 § 4; prior: 1995 c 394 § 1; 1995 c 122 § 12; prior: 1994 c 2 § 6 (Initiative Measure No. 601, approved November 2, 1993); 1993 sp.s. c 25 § 511; 1993 sp.s. c 8 § 1; 1993 c 500 § 6; 1993 c 492 § 473; 1993 c 445 § 4; 1993 c 329 § 2; 1993 c 4 § 9; 1992 c 235 § 4; 1991 sp.s. c 13 § 57; 1990 2nd ex.s. c 1 § 204; 1989 c 419 § 12; 1985 c 57 § 51.]

NOTES:

     Reviser's note: This section was amended by 2008 c 106 § 4 and by 2008 c 128 § 19, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).

     Effective date -- 2008 c 128 §§ 17-20: See note following RCW 88.16.061.

     Expiration dates -- 2008 c 106 §§ 2 and 3: "(1) Section 2 of this act expires July 1, 2008.

     (2) Section 3 of this act expires July 1, 2009." [2008 c 106 § 5.]

     Effective dates -- 2008 c 106 §§ 3 and 4: "(1) Section 3 of this act takes effect July 1, 2008.

     (2) Section 4 of this act takes effect July 1, 2009." [2008 c 106 § 6.]

     Effective date -- 2007 c 513: "This act takes effect July 1, 2009." [2007 c 513 § 2.]

     Contingent effective date -- 2007 c 484 §§ 2-8: See note following RCW 43.79.495.

     Short title -- 2007 c 356: See note following RCW 74.31.005.

     Effective date -- 2006 c 337 § 11: "Section 11 of this act takes effect July 1, 2006." [2006 c 337 § 14.]

     Expiration date -- 2006 c 337 § 10: "Section 10 of this act expires July 1, 2006." [2006 c 337 § 13.]

     Effective date -- 2006 c 311 § 23: "Section 23 of this act takes effect July 1, 2006." [2006 c 311 § 31.]

     Expiration date -- 2006 c 311 § 22: "Section 22 of this act expires July 1, 2006." [2006 c 311 § 30.]

     Findings -- 2006 c 311: See note following RCW 36.120.020.

     Expiration date -- 2006 c 171 § 9: "Section 9 of this act expires July 1, 2006." [2006 c 171 § 14.]

     Effective date -- 2006 c 171 §§ 8 and 10: See note following RCW 42.56.270.

     Findings -- Severability -- 2006 c 171: See RCW 43.325.001 and 43.325.901.

     Expiration date -- 2006 c 56 § 9: "Section 9 of this act expires July 1, 2006." [2006 c 56 § 11.]

     Effective dates -- 2006 c 56: See note following RCW 41.45.230.

     Effective date -- 2006 c 6: See RCW 90.90.900.

     Effective date -- 2005 c 514 § 1106: "Section 1106 of this act takes effect July 1, 2006." [2005 c 514 § 1313.]

     Part headings not law -- Severability -- 2005 c 514: See notes following RCW 82.12.808.

     Effective dates -- 2005 c 353: See note following RCW 71A.20.170.

     Effective date -- 2005 c 339 § 23: "Section 23 of this act takes effect July 1, 2006." [2005 c 339 § 25.]

     Effective dates -- 2005 c 314 §§ 110 and 201-206: See note following RCW 46.17.010.

     Part headings not law -- 2005 c 314: See note following RCW 46.17.010.

     Effective dates -- 2005 c 312 §§ 6 and 8: See note following RCW 42.17.310.

     Intent -- Captions -- 2005 c 312: See notes following RCW 47.56.401.

     Effective dates -- 2005 c 94: "(1) Section 1 of 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.

     (2) Section 2 of this act takes effect July 1, 2006." [2005 c 94 § 3.]

     Findings -- Effective dates -- 2005 c 83: See notes following RCW 47.26.340.

     Effective date -- 2004 c 242: See RCW 41.37.901.

     Findings -- Part headings not law -- Severability -- 2003 c 361: See notes following RCW 82.36.025.

     Effective dates -- 2003 c 361: See note following RCW 82.08.020.

     Effective date -- 2003 c 150 §§ 2 and 3: "Sections 2 and 3 of this act take effect July 1, 2005." [2003 c 150 § 4.]

     Findings -- Intent -- 2003 c 150; 2002 c 242: "The legislature finds that the community economic revitalization board plays a valuable and unique role in stimulating and diversifying local economies, attracting private investment, creating new jobs, and generating additional state and local tax revenues by investing in public facilities projects that result in new or expanded economic development. The legislature also finds that it is in the best interest of the state and local communities to secure a stable and dedicated source of funds for the community economic revitalization board. It is the intent of the legislature to establish an ongoing funding source for the community economic revitalization board that will be used exclusively to advance economic development infrastructure. This act provides a partial funding solution by directing that beginning July 1, 2005, the interest earnings generated by the public works assistance account shall be used to fund the community economic revitalization board's financial assistance programs. These funds are not for use other than for the stated purpose and goals of the community economic revitalization board." [2003 c 150 § 1; 2002 c 242 § 1.]

     Effective date -- 2003 c 48: See note following RCW 29A.04.440.

     Finding -- Intent -- 2002 c 114: See RCW 47.46.011.

     Captions not law -- 2002 c 114: See note following RCW 47.46.011.

     Captions and subheadings not law -- Severability -- 2002 c 56: See RCW 36.120.900 and 36.120.901.

     Effective date -- 2001 2nd sp.s. c 14 § 608: "Section 608 of this act takes effect March 1, 2002." [2001 2nd sp.s. c 14 § 611.]

     Expiration date -- 2001 2nd sp.s. c 14 § 607: "Section 607 of this act expires March 1, 2002." [2001 2nd sp.s. c 14 § 610.]

     Severability -- Effective date -- 2001 2nd sp.s. c 14: See notes following RCW 47.04.210.

     Effective date -- 2001 c 273 § 6: "Section 6 of this act takes effect March 1, 2002." [2001 c 273 § 8.]

     Expiration date -- 2001 c 273 § 5: "Section 5 of this act expires March 1, 2002." [2001 c 273 § 7.]

     Effective date -- 2001 c 141 § 3: "Section 3 of this act takes effect March 1, 2002." [2001 c 141 § 6.]

     Expiration date -- 2001 c 141 § 2: "Section 2 of this act expires March 1, 2002." [2001 c 141 § 5.]

     Purpose -- 2001 c 141: "This act is needed to comply with federal law, which is the source of funds in the drinking water assistance account, used to fund the Washington state drinking water loan program as part of the federal safe drinking water act." [2001 c 141 § 1.]

     Effective date -- 2001 c 80 § 5: "Section 5 of this act takes effect March 1, 2002." [2001 c 80 § 7.]

     Expiration date -- 2001 c 80 § 4: "Section 4 of this act expires March 1, 2002." [2001 c 80 § 6.]

     Findings -- Intent -- 2001 c 80: See note following RCW 43.70.040.

     Expiration date -- 2000 2nd sp.s. c 4 §§ 3 and 4: "Sections 3 and 4 of this act expire September 1, 2000." [2000 2nd sp.s. c 4 § 37.]

     Effective date -- 2000 2nd sp.s. c 4 §§ 1-3 and 20: See note following RCW 82.08.020.

     Effective dates -- 2000 2nd sp.s. c 4 §§ 4-10: See note following RCW 43.89.010.

     Effective dates -- Subchapter headings not law -- 2000 c 247: See RCW 41.40.931 and 41.40.932.

     Expiration date -- 2000 c 79 §§ 37 and 38: "Sections 37 and 38 of this act expire September 1, 2000." [2000 c 79 § 49.]

     Effective dates -- 2000 c 79 §§ 26, 38, and 39: See note following RCW 48.43.041.

     Severability -- 2000 c 79: See note following RCW 48.04.010.

     Severability -- Effective date -- 1999 c 380: See RCW 43.99P.900 and 43.99P.901.

     Expiration date -- 1999 c 309 § 928: "Section 928 of this act expires September 1, 2000." [1999 c 309 § 930.]

     Effective dates -- 1999 c 309 §§ 927-929, 931, and 1101-1902: See note following RCW 43.79.480.

     Severability -- 1999 c 309: See note following RCW 41.06.152.

     Effective date -- 1999 c 268 § 5: "Section 5 of this act takes effect September 1, 2000." [1999 c 268 § 7.]

     Expiration date -- 1999 c 268 § 4: "Section 4 of this act expires September 1, 2000." [1999 c 268 § 6.]

     Expiration date -- 1999 c 94 §§ 2 and 3: "Sections 2 and 3 of this act expire September 1, 2000." [1999 c 94 § 36.]

     Legislative finding -- 1999 c 94: "The legislature finds that a periodic review of the accounts and their uses is necessary. While creating new accounts may facilitate the implementation of legislative intent, the creation of too many accounts limits the effectiveness of performance-based budgeting. Too many accounts also limit the flexibility of the legislature to address emerging and changing issues in addition to creating administrative burdens for the responsible agencies. Accounts created for specific purposes may no longer be valid or needed. Accordingly, this act eliminates accounts that are not in use or are unneeded and consolidates accounts that are similar in nature." [1999 c 94 § 1.]

     Effective dates -- 1999 c 94: "(1) Sections 1, 2, 5 through 24, 29 through 31, and 33 of this act are necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and take effect July 1, 1999.

     (2) Section 4 of this act takes effect September 1, 2000.

     (3) Sections 32 and 37 of this act are necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and take effect June 30, 1999.

     (4) Sections 3, 25 through 28, and 34 of this act take effect July 1, 2000." [1999 c 94 § 35.]

     Effective date -- 1998 c 341: See RCW 41.35.901.

     Findings -- Effective date -- 1997 c 218: See notes following RCW 70.119.030.

     Transportation infrastructure account -- Highway infrastructure account -- Finding -- Intent -- Purpose -- 1996 c 262: See RCW 82.44.195.

     Effective date -- 1996 c 262: See note following RCW 82.44.190.

     Effective date -- 1995 c 394: "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 June 1, 1995." [1995 c 394 § 3.]

     Declaration -- Intent -- Purpose -- 1995 c 122: See RCW 59.21.006.

     Severability -- Effective date -- 1995 c 122: See RCW 59.21.904 and 59.21.905.

     Severability -- Effective dates -- 1994 c 2 (Initiative Measure No. 601): See RCW 43.135.903 and 43.135.904.

     Severability -- Effective dates -- Part headings, captions not law -- 1993 sp.s. c 25: See notes following RCW 82.04.230.

     Findings -- Intent -- 1993 sp.s. c 25: See note following RCW 82.45.010.

     Effective date -- Application -- 1993 sp.s. c 8: "This act shall take effect July 1, 1993, but shall not be effective for earnings on balances prior to July 1, 1993." [1993 sp.s. c 8 § 3.]

     Finding -- Severability -- Effective date -- 1993 c 500: See notes following RCW 43.41.180.

     Findings -- Intent -- 1993 c 492: See notes following RCW 43.20.050.

     Short title -- Severability -- Savings -- Captions not law -- Reservation of legislative power -- Effective dates -- 1993 c 492: See RCW 43.72.910 through 43.72.915.

     Effective date -- 1993 c 329: See note following RCW 90.50A.020.

     Legislative declaration -- Effective date -- 1993 c 4: See notes following RCW 47.56.770.

     Effective dates -- Severability -- 1991 sp.s. c 13: See notes following RCW 18.08.240.

     Applicability -- 1990 2nd ex.s. c 1: See note following RCW 82.14.050.

     Severability -- 1990 2nd ex.s. c 1: See note following RCW 82.14.300.

     Intent -- Effective date -- 1989 c 419: See notes following RCW 4.92.006.

     Effective date -- 1985 c 57: See note following RCW 18.04.105.