S-1645.1  _______________________________________________

                    SUBSTITUTE SENATE BILL 5290

          _______________________________________________

State of Washington      55th Legislature     1997 Regular Session

By Senate Committee on Ways & Means (originally sponsored by Senators West and Spanel; by request of Liquor Control Board)

Read first time 02/17/97.

Providing that the liquor control board construction and maintenance account retain its earnings.

    AN ACT Relating to the liquor control board construction and maintenance account; adding a new section to chapter 43.79 RCW; creating a new section; and declaring an emergency.

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

NEW SECTION. Sec. 1.  A new section is added to chapter 43.79 RCW to read as follows:

    The liquor control board construction and maintenance account is created within the state treasury.  The liquor control board shall deposit into this account a portion of the board's markup, as authorized by chapter 66.16 RCW, placed upon liquor as determined by the board.  Moneys in the account may be spent only after appropriation.  The liquor control board shall use deposits to this account to fund construction and maintenance of a centralized distribution center for liquor products intended for sale through the board's liquor store and vendor system.

NEW SECTION. Sec. 2.  By June 30, 1997, the state treasurer shall transfer from the liquor revolving account to the liquor control board construction and maintenance account, the revenue generated from the additional markup imposed on July 1, 1996, for the financing of a new distribution center.

NEW SECTION. Sec. 3.  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 takes effect immediately.

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