43.83.020 - Limited obligation bonds -- Proceeds to be deposited in state building construction account -- Use.

Limited obligation bonds — Proceeds to be deposited in state building construction account — Use.

(1) The proceeds from the sale of the bonds authorized herein shall be deposited in the state building construction account which is hereby established in the state treasury and shall be used exclusively for the purposes of carrying out the provisions of the capital appropriation acts, and for payment of the expense incurred in the printing, issuance, and sale of such bonds.

     (2) During the 2003-2005 biennium, the legislature may transfer moneys from the state building construction account to the conservation assistance revolving account such amounts as reflect the excess fund balance of the account.

[2004 c 276 § 907; 1991 sp.s. c 13 § 46; 1987 1st ex.s. c 3 § 9; 1985 c 57 § 43; 1965 c 8 § 43.83.020. Prior: 1959 ex.s. c 9 § 2.]

Notes: Severability -- Effective date -- 2004 c 276: See notes following RCW 43.330.167.

Effective dates -- Severability -- 1991 sp.s. c 13: See notes following RCW 18.08.240.

Severability -- 1987 1st ex.s. c 3: See RCW 43.99G.901.

Effective date -- 1985 c 57: See note following RCW 18.04.105.