Washington Code 70A.535.160 – Clean fuels transportation investment account
Current as of: 2023 | Check for updates
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The clean fuels transportation investment account is created in the state treasury. All receipts to the state from clean fuel credits generated under this chapter from transportation investments, including those listed under RCW 70A.535.050(3), must be deposited into the account. Moneys in the account may be spent only after appropriation. Expenditures from the account may only be used for activities and projects that reduce greenhouse gas emissions and decarbonize the transportation sector.
[ 2023 c 431 § 14.]
NOTES:
Intent—2023 c 431: See note following RCW 46.17.015.
Terms Used In Washington Code 70A.535.160
- 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