RCW 82.87.030: Distribution of revenues.

RCWs > Title 82 > Chapter 82.87 > Section 82.87.030

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82.87.020 << 82.87.030 >> 82.87.040

PDFRCW 82.87.030

Distribution of revenues.

(1) All taxes, interest, and penalties collected under this chapter shall be distributed as follows:

(a) The first $500,000,000 collected each fiscal year shall be deposited into the education legacy trust account created in RCW 83.100.230; and

(b) Any remainder collected each fiscal year shall be deposited into the common school construction account [fund].

(2) The amounts specified under subsection (1)(a) of this section shall be adjusted annually as provided under RCW 82.87.150.

[ 2021 c 196 § 2.]

NOTES:

Automatic expiration date and tax preference performance statement exemption—2021 c 196: See note following RCW 82.87.010.