HB 1974 - DIGEST

     Declares that the department may issue bonds or other forms of indebtedness authorized in chapter 47.56 RCW to finance transportation systems and facilities authorized in chapter 47.46 RCW.  Any request resulting in a toll or user fee increase that would exceed the initial rate established in the advisory vote places that specific public-private initiatives program, from the date of the request forward, under the control and governance of the Washington utilities and transportation commission as if the private entity were a service company.  Thereafter, the private entity shall comply with chapter 81.04 RCW.