The budget stabilization account shall be established and maintained in the state treasury. Moneys in the fund may be spent only after appropriation.

NOTES:

Effective date2007 c 484 § 1: “Section 1 of 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 15, 2007].” [ 2007 c 484 § 9.]

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Terms Used In Washington Code 43.79.490

  • 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