1106-S AMH DENT JOHD 052

SHB 1106 - H AMD 318

By Representative Dent

ADOPTED 04/02/2015

    On page 203, after line 35, insert the following:  

    "NEW SECTION. Sec. 733.  FOR THE OFFICE OF FINANCIAL MANAGEMENT—AERONAUTICS ACCOUNT

General Fund—State Appropriation (FY 2016). . .$318,000

General Fund—State Appropriation (FY 2017). . .$320,000

    TOTAL APPROPRIATION. . . . . . . . . . . . $638,000

    The appropriations in this section are subject to the following conditions and limitations: The appropriations in this section represent the general fund portion of aircraft excise tax revenue and are provided solely for expenditure into the aeronautics account. It is the intent of the legislature to continue this appropriation in future biennia. Funds provided to the aeronautics account in this section may only be used to fund the operation and administrative expenses of the Washington state department of transportation aviation airport aid grant program described in RCW 47.68.090."

EFFECT:   Appropriates $638,000 from the state general fund for expenditure into the aeronautics account. States that it is the intent of the legislature to continue the appropriation in future biennia. States that funds provided may only be used to fund the operation and administrative expenses of the Washington state department of transportation aviation airport aid grant program.

FISCAL IMPACT:

           Increases General Fund - State by $638,000.

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