(1) The authority
shall use any funds legally available to it for any purpose
specifically authorized by this chapter to:
(a) Contract and pay for collecting, transporting, and
recycling of covered electronic products and education and other
services as identified in the standard plan;
(b) Pay for the expenses of the authority including, but not
limited to, salaries, benefits, operating costs and consumable
supplies, equipment, office space, and other expenses related to
the costs associated with operating the authority;
(c) Pay into the electronic products recycling account
amounts billed by the department to the authority for any deficit
in reaching the standard plan's equivalent share as required
under RCW 70.95N.220; and
(d) Pay the department for the fees for submitting the
standard plan and any plan revisions.
(2) If practicable, the authority shall avoid creating new
infrastructure already available through private industry in the
state.
(3) The authority may not receive an appropriation of state
funds, other than:
(a) Funds that may be provided as a one-time loan to cover
administrative costs associated with start-up of the authority,
such as electing the board of directors and conducting the public
hearing for the operating plan, provided that no appropriated
funds may be used to pay for collection, transportation, or
recycling services; and
(b) Funds received from the department from the electronic
products recycling account for exceeding the standard plan's
equivalent share.
(4) The authority may receive additional sources of funding
that do not obligate the state to secure debt.
(5) All funds collected by the authority under this chapter,
including interest, dividends, and other profits, are and must
remain under the complete control of the authority and its board
of directors, be fully available to achieve the intent of this
chapter, and be used for the sole purpose of achieving the intent
of this chapter.
[2006 c 183 § 32.]