Wash. Rev. Code § 82.87.030

Current through Chapter 376 of the 2024 Regular Session

Section 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.

RCW 82.87.030

Added by 2021 c 196,§ 2, eff. 7/25/2021.

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