Declares that the following projects, listed in order of priority, are eligible for funding from the special category C account: (1) State route number 395, north Spokane corridor;

(2) State route number 18; and

(3) State route number 99, First Avenue South bridge.

Requires that, in order to provide funds necessary for the location, design, right-of-way, and construction of state highway improvements that are identified as special category C improvements, there shall be issued and sold upon the request of the Washington state secretary of transportation a total of six hundred million dollars of general obligation bonds of the state of Washington.