S-2010.1                   _______________________________________________

                                            SUBSTITUTE SENATE BILL 5823

                              _______________________________________________

State of Washington                              53rd Legislature                             1993 Regular Session

By Senate Committee on Government Operations (originally sponsored by Senator Rinehart; by request of Office of Financial Management)

Read first time 03/03/93.

Funding the state auditor municipal corporation division.

          AN ACT Relating to funding for the state auditor's office; amending RCW 43.09.270; providing an effective date; and declaring an emergency.

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

        Sec. 1.  RCW 43.09.270 and 1991 sp.s. c 16 s 920 are each amended to read as follows:

          The expense of maintaining and operating the division ((shall be paid out of the state general fund:  PROVIDED, That)) of municipal corporations and those expenses directly related to the prescribing of accounting systems, training, maintenance of working capital including reserves for late and uncollectable accounts and necessary adjustments to billings, and field audit supervision, shall be considered as expenses of auditing public accounts within the meaning of RCW 43.09.280 and 43.09.282, and shall be prorated for that purpose equally among all entities directly affected by such service.

          ((During the fiscal biennium ending June 30, 1993, the expense of maintaining and operating the division of municipal corporations shall be paid from the municipal revolving fund under RCW 43.09.282.))

NEW SECTION. Sec. 2.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1993.

                                                           --- END ---