Washington Code 47.12.340 – Advanced environmental mitigation revolving account
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(1) The advanced environmental mitigation revolving account is created in the custody of the treasurer, into which the department shall deposit directly and may expend without appropriation:
Terms Used In Washington Code 47.12.340
- 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
(a) An initial appropriation included in the department of transportation’s 1997-99 budget, and deposits from other identified sources;
(b) All moneys received by the department from internal and external sources for the purposes of conducting advanced environmental mitigation; and
(c) Interest gained from the management of the advanced environmental mitigation revolving account.
(2) During the 2011-2013 and 2013-2015 fiscal biennia, the legislature may transfer from the advanced environmental mitigation revolving account to the motor vehicle account [fund] such amounts as reflect the excess fund balance of the advanced environmental mitigation revolving account.
(3) During the 2019-2021 fiscal biennium, the legislature may direct the state treasurer to make transfers of moneys in the advanced environmental mitigation revolving account to the motor vehicle fund.
NOTES:
Effective date—2019 c 416: See note following RCW 43.19.642.
Effective date—2013 c 306: See note following RCW 47.64.170.
Effective date—2010 c 247: See note following RCW 43.19.642.
Intent—1997 c 140: See note following RCW 47.12.330.