(1) For bonds
issued for the purposes of RCW 43.99H.020(16), on each date on
which any interest or principal and interest payment is due, the
board of regents or the board of trustees of Washington State
University shall cause the amount computed in RCW 43.99H.040(1) to
be paid out of the appropriate building account or capital projects
account to the state treasurer for deposit into the general fund of
the state treasury.
(2) For bonds issued for the purposes of RCW 43.99H.020(15),
on each date on which any interest or principal and interest
payment is due, the state treasurer shall transfer the amount
computed in RCW 43.99H.040(2) from the capitol campus reserve
account, hereby created in the state treasury, to the general fund
of the state treasury. At the time of sale of the bonds issued for
the purposes of RCW 43.99H.020(15), and on or before June 30th of
each succeeding year while such bonds remain outstanding, the state
finance committee shall determine, based on current balances and
estimated receipts and expenditures from the capitol campus reserve
account, that portion of principal and interest on such RCW 43.99H.020(15) bonds which will, by virtue of payments from the
capitol campus reserve account, be reimbursed from sources other
than "general state revenues" as that term is defined in Article
VIII, section 1 of the state Constitution. The amount so
determined by the state finance committee, as from time to time
adjusted in accordance with this subsection, shall not constitute
indebtedness for purposes of the limitations set forth in RCW 39.42.060.
(3) For bonds issued for the purposes of RCW 43.99H.020(17),
on each date on which any interest or principal and interest
payment is due, the director of the department of labor and
industries shall cause fifty percent of the amount computed in RCW 43.99H.040(3) to be transferred from the accident fund created in
RCW 51.44.010 and fifty percent of the amount computed in RCW 43.99H.040(3) to be transferred from the medical aid fund created
in RCW 51.44.020, to the general fund of the state treasury.
(4) For bonds issued for the purposes of RCW 43.99H.020(18),
on each date on which any interest or principal and interest
payment is due, the board of regents of the University of
Washington shall cause the amount computed in RCW 43.99H.040(4) to
be paid out of University of Washington nonappropriated local funds
to the state treasurer for deposit into the general fund of the
state treasury.
(5) For bonds issued for the purposes of RCW 43.99H.020(20),
on each date on which any interest or principal and interest
payment is due, the state treasurer shall transfer the amount
computed in RCW 43.99H.040(5) from the public safety and education
account created in RCW 43.08.250 to the general fund of the state
treasury.
(6) For bonds issued for the purposes of RCW 43.99H.020(4), on
each date on which any interest or principal and interest payment
is due, the state treasurer shall transfer from property taxes in
the state general fund levied for the support of the common schools
under RCW 84.52.065 to the general fund of the state treasury for
unrestricted use the amount computed in RCW 43.99H.040(6).
[1991 sp.s. c 31 § 15; 1990 1st ex.s. c 15 § 6; 1989 1st ex.s. c 14 § 6.]
NOTES:
Severability -- 1991 sp.s. c 31: See RCW 43.99I.900.
Severability -- 1990 1st ex.s. c 15: See note following RCW 43.99H.010.