Within thirty days after June 30, 1987, and within
thirty days after each succeeding fiscal year thereafter, the
state treasurer shall determine the tax receipts deposited into
the water quality account for the preceding fiscal year. If the
tax receipts deposited into the account in each of the fiscal
years 1988 and 1989 are less than forty million dollars, the
state treasurer shall transfer sufficient moneys from general
state revenues into the water quality account to bring the total
receipts in each fiscal year up to forty million dollars.
For the biennium ending June 30, 1991, if the tax receipts
deposited into the water quality account and the earnings on
investment of balances credited to the account are less than
ninety million dollars, the treasurer shall transfer sufficient
moneys from general state revenues into the water quality account
to bring the total revenue up to ninety million dollars. The
determination and transfer shall be made by July 31, 1991.
For fiscal year 1992 and for fiscal years 1995 and 1996 and
thereafter, if the tax receipts deposited into the water quality
account for each fiscal year are less than forty-five million
dollars, the treasurer shall transfer sufficient moneys from
general state revenues into the water quality account to bring
the total revenue up to forty-five million dollars. However,
during the 2007-2009 fiscal biennium, the legislature may specify
the transfer of a different amount in the operating budget bill.
Determinations and transfers shall be made by July 31 for the
preceding fiscal year.
[2007 c 522 § 956; 2005 c 518 § 941; 2003 1st sp.s. c 25 § 935; 1994 sp.s. c 6 § 902; 1993 sp.s. c 24 § 924; 1991 sp.s. c 16 § 923; 1986 c 3 § 11.]
NOTES:
Severability -- Effective date -- 2007 c 522: See notes following RCW 15.64.050.
Severability -- Effective date--2005 c 518: See notes following RCW 28A.500.030.
Severability -- Effective date -- 2003 1st sp.s. c 25: See notes following RCW 19.28.351.
Severability -- Effective date -- 1994 sp.s. c 6: See notes following RCW 28A.310.020.
Severability -- Effective dates -- 1993 sp.s. c 24: See notes following RCW 28A.310.020.
Severability -- Effective date -- 1991 sp.s. c 16: See notes following RCW 9.46.100.
Effective dates -- 1986 c 3: See note following RCW 82.24.027.