47.60.430 - Additional revenue bonds, refunding bonds, authorized, 1961 Act -- Agreement to continue imposition of certain taxes.

Additional revenue bonds, refunding bonds, authorized, 1961 Act — Agreement to continue imposition of certain taxes.

So long as any bonds issued as authorized herein are outstanding, the state hereby agrees to continue to impose at least one-quarter cent of motor vehicle fuel tax and one-quarter cent of special fuel tax required by law and to deposit the proceeds of these taxes in the Puget Sound capital construction account of the motor vehicle fund.

[1986 c 66 § 5; 1961 ex.s. c 9 § 4.]

Notes: Effective date -- 1986 c 66: See note following RCW 47.60.400.