S-2838.1 _______________________________________________
SENATE BILL 5992
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State of Washington 52nd Legislature 1991 1st Special Session
By Senator Moore.
Read first time June 17, 1991. Referred to Committee on Commerce & Labor.
AN ACT Relating to the gambling revolving fund; and amending RCW 9.46.100.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 9.46.100 and 1985 c 405 s 505 are each amended to read as follows:
There is hereby created a fund to be known as the "gambling revolving fund" which shall consist of all moneys receivable for licensing, penalties, forfeitures, and all other moneys, income, or revenue received by the commission. The state treasurer shall be custodian of the fund. All moneys received by the commission or any employee thereof, except for change funds and an amount of petty cash as fixed by rule or regulation of the commission, shall be deposited each day in a depository approved by the state treasurer and transferred to the state treasurer to be credited to the gambling revolving fund. Disbursements from the revolving fund shall be on authorization of the commission or a duly authorized representative thereof. In order to maintain an effective expenditure and revenue control the gambling revolving fund shall be subject in all respects to chapter 43.88 RCW but no appropriation shall be required to permit expenditures and payment of obligations from such fund. All expenses relative to commission business, including but not limited to salaries and expenses of the director and other commission employees shall be paid from the gambling revolving fund.
((The
office of financial management may direct the state treasurer to loan to the
general fund an amount not to exceed $1,400,000 from the gambling revolving
fund for the 1983-85 fiscal biennium.))
The gambling revolving fund is for the exclusive use of the commission under RCW 9.46.070. Moneys in the fund may not be loaned or transferred to any other fund or account.