BILL REQ. #:  Z-0220.3 

Read first time 01/11/2005.   Referred to Committee on Appropriations.

     AN ACT Relating to creating the gambling account; amending RCW 9.46.100; providing an effective date; and declaring an emergency.

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

Sec. 1   RCW 9.46.100 and 2004 c 276 s 903 are each amended to read as follows:
     There is hereby created the gambling ((revolving fund which)) account in the state treasury. The account shall consist of all moneys receivable for licensing, penalties, forfeitures, and all other moneys, income, or revenue received by the commission. ((The state treasurer shall be custodian of the fund.)) All moneys received by the commission or any employee thereof, except for change funds and an amount of petty cash as fixed by rule or regulation of the commission, shall be deposited each day in a depository approved by the state treasurer and transferred to the state treasurer to be credited to the gambling ((revolving fund)) account. Disbursements from the ((revolving fund)) account shall be on authorization of the commission or a duly authorized representative thereof. In order to maintain an effective expenditure and revenue control the gambling ((revolving fund)) account shall be subject in all respects to chapter 43.88 RCW ((but no)) and moneys in the account may be spent only after an appropriation ((shall be required to permit expenditures and payment of obligations from such fund)). All expenses relative to commission business, including but not limited to salaries and expenses of the director and other commission employees shall be paid from the gambling ((revolving fund)) account.
     ((During the 2003-2005 fiscal biennium, the legislature may transfer from the gambling revolving fund to the problem gambling treatment account, contingent on enactment of chapter ..., Laws of 2004 (Second Substitute House Bill No. 2776, problem gambling treatment). Also during the 2003-2005 fiscal biennium,)) The legislature may transfer from the gambling ((revolving fund)) account to the state general fund such amounts as reflect the excess nontribal fund balance of the ((fund)) account. The commission shall not increase fees ((during the 2003-2005 fiscal biennium)) for the purpose of restoring the excess fund balance transferred under this section.

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 takes effect July 1, 2005.