S-0529.1                   _______________________________________________

                                                     SENATE BILL 5176

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State of Washington                              53rd Legislature                             1993 Regular Session

By Senators Vognild, Pelz, Moore, Wojahn and Fraser

Read first time 01/15/93.  Referred to Committee on Labor & Commerce.

Concerning the cashing of government issued checks or warrants.

          AN ACT Relating to the cashing of government issued checks or warrants; and amending RCW 43.08.135.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 43.08.135 and 1983 c 3 s 100 are each amended to read as follows:

          The state treasurer shall maintain at all times cash, or demand deposits in qualified public depositaries in an amount needed to meet the operational needs of state government:  PROVIDED, That the state treasurer shall not be considered in violation of RCW 9A.56.060(1) if he maintains demand accounts in public depositaries in an amount less than all treasury warrants issued and outstanding.  However, the state treasurer shall not maintain a cash or demand deposit in a public depositary that imposes a charge on a noncustomer for cashing a check or warrant issued by a state or the federal government for unemployment compensation, workers' compensation, social security, or public assistance.

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