1809 AAS 4/16/93 S2797.1
HB 1809 - S COMM AMD
By Committee on Natural Resources
ADOPTED 4/16/93
Strike everything after the enacting clause and insert the following:
"Sec. 1. RCW 79.64.020 and 1985 c 57 s 80 are each amended to read as follows:
A resource management cost account in the state treasury is hereby created to be used solely for the purpose of defraying the costs and expenses necessarily incurred by the department in managing and administering public lands and the making and administering of leases, sales, contracts, licenses, permits, easements, and rights of way as authorized under the provisions of this title. Appropriations from the account to the department shall be expended for no other purposes. Funds in the account may be appropriated or transferred by the legislature for the benefit of all of the trusts from which the funds were derived.
Sec. 2. RCW 79.64.030 and 1988 c 70 s 4 are each amended to read as follows:
Funds in the account
derived from the gross proceeds of leases, sales, contracts, licenses, permits,
easements, and rights of way issued by the department and affecting school
lands, university lands, agricultural college lands, scientific school lands,
normal school lands, capitol building lands, or institutional lands shall be pooled
and expended by the department solely for the purpose of defraying the
costs and expenses necessarily incurred in managing and administering ((public
lands of the same trust: PROVIDED, That)) all of the trust lands
enumerated in this section. Such funds may be used for similar costs and
expenses in managing and administering other lands managed by the department((:
PROVIDED FURTHER,)) provided that such expenditures that have been
or may be made on such other lands shall be repaid to the resource management
cost account together with interest at a rate determined by the board of
natural resources.
An
accounting shall be made annually of the accrued expenditures ((as regards
each)) from the pooled trust funds in the account. In the
event the accounting determines that expenditures have been made from moneys
derived from ((one category of)) trust lands for the benefit of ((another
trust or)) other lands, such expenditure shall be considered a debt ((against
the trust benefited)) and ((shall be considered)) an encumbrance
against the property ((of the trust or trust funds)) benefited,
including property held under chapter 76.12 RCW. The results of the accounting
shall be reported to the legislature at the next regular session. The state
treasurer is authorized, upon request of the department, to transfer funds
between the forest development account and the resource management cost account
solely for purpose of repaying loans pursuant to this section.
NEW SECTION. Sec. 3. This act shall take effect July 1, 1994."
HB 1809 - S COMM AMD
By Committee on Natural Resources
ADOPTED 4/16/93
On page 1, line 2 of the title, after "accounts;" strike the remainder of the title and insert "amending RCW 79.64.020 and 79.64.030; and providing an effective date."
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