BILL REQ. #:  H-1835.1 

Read first time 02/24/2003.   Referred to Committee on Judiciary.

     AN ACT Relating to interest on restitution payments; amending RCW 10.82.090; and creating a new section.

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

Sec. 1   RCW 10.82.090 and 1995 c 291 s 7 are each amended to read as follows:
     (1) Financial obligations other than restitution imposed in a judgment shall bear interest from the date of the judgment until payment, at the rate applicable to civil judgments. All nonrestitution interest retained by the court shall be split twenty-five percent to the state treasurer for deposit in the public safety and education account as provided in RCW 43.08.250, twenty-five percent to the state treasurer for deposit in the judicial information system account as provided in RCW 2.68.020, twenty-five percent to the county current expense fund, and twenty-five percent to the county current expense fund to fund local courts.
     (2) The restitution portion of a financial obligation imposed in a judgment bears interest at the rate applicable to civil judgments and commences as follows:
     (a) For a judgment entered before the effective date of this act, interest commences at the date of the judgment;
     (b) For a judgment entered on or after the effective date of this act, interest commences and accrues retroactively from the date the crime was committed.

NEW SECTION.  Sec. 2   The legislature declares that this act is remedial in nature and has retroactive effect to carry out its purposes.