(1) The public works assistance account is hereby established in the state treasury. Money may be placed in the public works assistance account from the proceeds of bonds when authorized by the legislature or from any other lawful source. Money in the public works assistance account shall be used to make loans and grants and to give financial guarantees to local governments for public works projects. Moneys in the account may also be appropriated or transferred to the water pollution control revolving fund and the drinking water assistance account to provide for state match requirements under federal law. Moneys in the account may be transferred to the move ahead WA account to provide support of public works projects funded in the move ahead WA program. Not more than 20 percent of the biennial capital budget appropriation to the public works board from this account may be expended or obligated for preconstruction loans and grants, emergency loans and grants, or loans and grants for capital facility planning under this chapter. Not more than 10 percent of the biennial capital budget appropriation to the public works board from this account may be expended or obligated as grants for preconstruction, emergency, capital facility planning, and construction projects. During the 2017-2019 and 2019-2021 fiscal biennia, the legislature may appropriate moneys from the account for activities related to rural economic development, the growth management act, the aviation revitalization loan program, the community economic revitalization board broadband program, and the voluntary stewardship program. During the 2021-2023 and 2023-2025 fiscal biennia, the legislature may appropriate moneys from the account for activities related to the community aviation revitalization board. During the 2019-2021 fiscal biennia, the legislature may direct the state treasurer to make transfers of moneys in the public works assistance account to the education legacy trust account. During the 2019-2021 and 2021-2023 fiscal biennia, the legislature may direct the state treasurer to make transfers of moneys in the public works assistance account to the statewide broadband account. The legislature may appropriate moneys from the public works assistance account for activities related to the voluntary stewardship program, rural economic development, and the growth management act. During the 2021-2023 biennium, the legislature may appropriate moneys from the account for projects identified in section 1033, chapter 296, Laws of 2022. During the 2023-2025 fiscal biennium, the legislature may appropriate moneys from the public works assistance account for an evaluation of the costs of relocating public utilities related to fish barrier removal projects. During the 2023-2025 fiscal biennium, the legislature may appropriate moneys from the account for activities related to developing a data dashboard to map investments made by the public works board, the department of commerce, the department of health, the department of ecology, the department of transportation, the transportation improvement board, and by board partners to the system improvement team created in RCW 43.155.150.

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Terms Used In Washington Code 43.155.050

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Legacy: A gift of property made by will.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
(2) For fiscal year 2024 through fiscal year 2038, the state treasurer must transfer from the public works assistance account to the move ahead WA account created in RCW 46.68.510 $57,000,000 each fiscal year in four equal quarterly transfers.

NOTES:

Reviser’s note: This section was amended by 2023 c 474 § 8037 and by 2023 c 475 § 932, 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 date2023 c 475: See note following RCW 16.76.030.
Conflict with federal requirementsEffective date2023 c 474: See notes following RCW 28A.320.330.
Effective date2022 c 296: See note following RCW 43.63A.125.
IntentEffective date2022 c 182: See notes following RCW 70A.65.240.
Conflict with federal requirementsEffective date2021 c 334: See notes following RCW 43.79.555.
Effective date2021 c 332: See note following RCW 43.19.501.
Effective date2019 c 415: See note following RCW 28B.20.476.
Effective date2019 c 413: See note following RCW 28B.15.210.
Effective date2017 3rd sp.s. c 1: See note following RCW 43.41.455.
Effective dates2015 3rd sp.s. c 4: See note following RCW 28B.15.069.
Effective date2015 3rd sp.s. c 3: See note following RCW 43.160.080.
Effective dates2013 2nd sp.s. c 4: See note following RCW 2.68.020.
Effective date2012 2nd sp.s. c 2: “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 immediately [April 23, 2012].” [ 2012 2nd sp.s. c 2 § 6013.]
Effective date2011 1st sp.s. c 50 § 951: “Section 951 of this act takes effect June 30, 2011.” [ 2011 1st sp.s. c 50 § 952.]
Effective date2010 1st sp.s. c 37: See note following RCW 13.06.050.
Effective date2010 1st sp.s. c 36: “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 immediately [May 4, 2010].” [ 2010 1st sp.s. c 36 § 6018.]
Expiration date2009 c 564 § 940: “Section 940 of this act expires June 30, 2011.” [ 2009 c 564 § 962.]
Effective date2009 c 564: See note following RCW 2.68.020.
Expiration date2008 c 328 § 6002: “Section 6002 of this act expires June 30, 2011.” [ 2008 c 328 § 6018.]
Part headings not law2008 c 328: “Part headings in this act are not any part of the law.” [ 2008 c 328 § 6020.]
Severability2008 c 328: “If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected.” [ 2008 c 328 § 6021.]
Effective date2008 c 328: “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 immediately [April 1, 2008].” [ 2008 c 328 § 6022.]
Expiration date2007 c 520 § 6036: “Section 6036 of this act expires June 30, 2011.” [ 2007 c 520 § 6039.]
Part headings not lawSeverabilityEffective dates2007 c 520: See notes following RCW 43.19.125.
Part headings not lawSeverabilityEffective dates2005 c 488: See notes following RCW 28B.50.360.
Finding2005 c 425: “The legislature has and continues to recognize the vital importance of economic development to the health and prosperity of Washington state as indicated in RCW 43.160.010, * 43.155.070(4)(g), 43.163.005, and 43.168.010. The legislature finds that current economic development programs and funding, which are primarily low-interest loan programs, can be enhanced by creating a grant program to assist with public infrastructure projects that directly stimulate community and economic development by supporting the creation of new jobs or the retention of existing jobs.” [ 2005 c 425 § 1.]
*Reviser’s note: RCW 43.155.070 was amended by 2017 3rd sp.s. c 10 § 9, deleting subsection (4)(g).
Expiration date2005 c 425: “This act expires June 30, 2011.” [ 2005 c 425 § 6.]
Severability2005 c 425: “If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected.” [ 2005 c 425 § 7.]
SeverabilityEffective date1995 2nd sp.s. c 18: See notes following RCW 19.118.110.
Findings1995 c 376: See note following RCW 70A.100.060.
SeverabilityEffective dates1993 sp.s. c 24: See notes following RCW 28A.310.020.
SeverabilityEffective date1985 c 471: See notes following RCW 82.04.260.