1368-S AMH DUFA VANJ 047

  

SHB 1368 - H AMD 26

By Representative Dufault

NOT ADOPTED 02/01/2021

On page 2, line 5, increase the general fund-federal appropriation by $300,000,000

On page 2, line 6, correct the total.

On page 2, line 10, after "(CRRSA)" strike "is" and insert "and $300,000,000 of the general fund-federal appropriation (CRF) are"

On page 16, after line 24, insert the following:

"NEW SECTION. Sec. 19. FOR THE OFFICE OF FINANCIAL MANAGEMENT-RECOVERY REBATE ACCOUNT

General Fund-Federal Appropriation . . .$200,000,000

TOTAL APPROPRIATION . . . $200,000,000

The appropriation in this section is subject to the following conditions and limitations: The entire general fund-federal appropriation (CRF) is provided solely for expenditure into the recovery rebate account from which it may be used solely to administer remittances as authorized in RCW 82.08.0206. $100,000,000 of the amount provided in this section is provided solely to increase remittance amounts pursuant to House Bill No. 1319 (recovery rebate) and shall lapse if the bill is not enacted by June 30, 2021."

Renumber the remaining sections consecutively and correct any internal references accordingly.

On page 18, after line 14, insert the following:

"NEW SECTION. Sec. 20. A new section is added to chapter 82.08 RCW to read as follows:

The recovery rebate account is created in the custody of the state treasurer. All receipts from legislative appropriations must be deposited into the account. Expenditures from the account may only be used for the department to make remittances to eligible low-income persons under RCW 82.08.0206 and for associated administrative costs for the department of revenue. Only the director of the department of revenue or the director's designee may authorize expenditures from the account. The account is subject to allotment procedures under chapter 43.88 RCW, but an appropriation is not required."

Renumber the remaining sections consecutively and correct any internal references accordingly.

Correct the title.

EFFECT:   Provides $300,000,000 General Fund-Federal (CRF) for the emergency rental and utility assistance program.

Creates the non-appropriated Recovery Rebate Account and appropriates $200,000,000 General Fund-Federal (CRF) into the account. Funds must be used to provide remittances to eligible low-income persons pursuant to RCW 82.08.0206 and House Bill 1319 (recovery rebate).

FISCAL IMPACT: Increases General Fund - Federal by $500,000,000.

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