Z-1151.1 _______________________________________________
HOUSE BILL 2278
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State of Washington 52nd Legislature 1992 Regular Session
By Representatives Appelwick, Padden, Dellwo and Paris; by request of Statute Law Committee
Prefiled 1/10/92. Read first time 01/13/92. Referred to Committee on Judiciary.
AN ACT Relating to correction of an unemployment compensation fund reference; and amending RCW 50.16.010.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 50.16.010 and 1991 1st sp.s. c 13 s 59 are each amended to read as follows:
There shall be maintained as special funds, separate and apart from all public moneys or funds of this state an unemployment compensation fund, an administrative contingency fund, and a federal interest payment fund, which shall be administered by the commissioner exclusively for the purposes of this title, and to which RCW 43.01.050 shall not be applicable. The unemployment compensation fund shall consist of
(1) all contributions and payments in lieu of contributions collected pursuant to the provisions of this title,
(2) any property or securities acquired through the use of moneys belonging to the fund,
(3) all earnings of such property or securities,
(4) any moneys received from the federal unemployment account in the unemployment trust fund in accordance with Title XII of the social security act, as amended,
(5) all money recovered on official bonds for losses sustained by the fund,
(6) all money credited to this state's account in the unemployment trust fund pursuant to section 903 of the social security act, as amended,
(7) all money received from the federal government as reimbursement pursuant to section 204 of the federal-state extended compensation act of 1970 (84 Stat. 708-712; 26 U.S.C. Sec. 3304), and
(8) all moneys received for the fund from any other source.
All moneys in the unemployment compensation fund shall be commingled and undivided.
The administrative contingency fund shall consist of all interest on delinquent contributions collected pursuant to this title, all fines and penalties collected pursuant to the provisions of this title, all sums recovered on official bonds for losses sustained by the fund, and revenue received under RCW 50.24.014: PROVIDED, That all fees, fines, forfeitures and penalties collected or assessed by a district court because of the violation of a state law shall be remitted as provided in chapter 3.62 RCW as now exists or is later amended. Moneys available in the administrative contingency fund, other than money in the special account created under RCW 50.24.014, shall be expended upon the direction of the commissioner, with the approval of the governor, whenever it appears to him or her that such expenditure is necessary for:
(a) The proper administration of this title and no federal funds are available for the specific purpose to which such expenditure is to be made, provided, the moneys are not substituted for appropriations from federal funds which, in the absence of such moneys, would be made available.
(b) The proper administration of this title for which purpose appropriations from federal funds have been requested but not yet received, provided, the administrative contingency fund will be reimbursed upon receipt of the requested federal appropriation.
Money
in the special account created under RCW 50.24.014 may only be expended, after
appropriation, for the purposes specified in ((RCW 74.09.035, 74.09.510,
74.09.520, and 74.09.700)) chapter 5, Laws of 1985 ex. sess.