(1) The annual property revaluation grant account is created in the custody of the state treasurer. Moneys from RCW 82.45.180(4) must be deposited into the account. An appropriation is not required for expenditures and the account is not subject to allotment procedures under chapter 43.88 RCW. Moneys in the account may be used only for grants as provided in RCW 84.41.180.

     (2) Any funds remaining in the annual property revaluation grant account on July 1, 2014, must be deposited in the real estate and property tax administration assistance account created in RCW 82.45.180(5).

     (3) This section expires July 1, 2014.

[2009 c 308 § 3.]