Washington State
House of Representatives
Office of Program Research
BILL
ANALYSIS

Capital Budget Committee

SB 5340

Brief Description: Creating the military department capital account and rental and lease account.

Sponsors: Senators Rasmussen, Roach, Shin, Jacobsen, Delvin, Carrell, Rockefeller, Fraser, Franklin, Kastama, Regala and Pridemore; by request of Military Department.

Brief Summary of Bill
  • Creates the Military Department Capital Account and the Military Department Rental and Lease Account in the state treasury.

Hearing Date: 3/23/05

Staff: Susan Howson (786-7142).

Background:

The Military Department manages thirty-eight readiness centers, also known as armories, throughout the state. Thirty-three are operational, and approximately half are over fifty years old.
Readiness centers are used for primarily national guard training, administration, and storage. The Department may receive income from the lease of rental of these facilities. The income is deposited into the state general fund.

Federal law permits states to rent out armories if the state uses the income received to support maintenance of the armories.

Summary of Bill:

The Military Department Capital Account and the Military Department Rental and Lease Account are established in the state treasury.

All receipts from the sale of state-owned military department property will be deposited into the Military Department Capital Account. Funds in the account are subject to appropriation and are to be spent only on Military Department capital projects.

All receipts from the rental or lease of state-owned Military Department property will be deposited into the Military Department Rental and Lease Account. Funds in the account are subject to appropriation and are to be spent only on operating and maintenance costs of military property.

Appropriation: None.

Fiscal Note: Available.

Effective Date: The bill takes effect 90 days after adjournment of session in which bill is passed.