5165-S AMH CALD MCPH 039

SSB 5165 - H AMD TO H AMD (H-1417.1/21) 505

By Representative Caldier

NOT ADOPTED 04/02/2021

On page 72, line 6 of the striking amendment, decrease the transportation partnership account-state appropriation transfer by $32,748,000

On page 72, after line 12 of the striking amendment, insert the following:

"(4) (a) Motor Vehicle Account-State Appropriation: For transfer to the Tacoma Narrows Toll Bridge Account-State…$32,748,000

(b) It is the intent of the legislature that the transfer provided in this subsection, which represents a portion of the federal coronavirus response and relief supplemental appropriations act funds that were deposited into the state motor vehicle account, is used to:

(i) provide sufficient resources to make up for toll revenue losses during the the COVID-19 pandemic, and

(ii) replace a transfer of funds from the transportation partnership account that would otherwise be a state contribution loan."

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

EFFECT:

Decreases the amount transferred to the state Tacoma Narrows Toll Bridge account from the state Transportation Partnership account and creates a transfer to the state Tacoma Narrows Toll Bridge account from the state motor vehicle account for the same amount.

Includes intent language that the transfer represents a portion of federal coronavirus relief funds, makes up for lost toll revenue during the COVID-19 pandemic, and replaces the transfer that would be a state loan.

FISCAL IMPACT:

Reduces Transport Partner A - State by $32,748,000.

Increases Motor Vehicle Acct - State by $32,748,000.

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