Requires that appropriations made from the state general fund or related funds for deposit into other funds do not constitute actual expenditures for purposes of rebasing pursuant to this act unless the amount deposited into the other fund is expended before the close of the fiscal year for which it was appropriated.

Provides that, prior to final passage of the omnibus operating budget by the legislature, the expenditure limit committee shall meet to adjust the expenditure limit for transfers and cost shifts under RCW 43.135.035 (4) and (5) and 43.135.060(2). If necessary, the committee shall make further adjustments after the governor signs the omnibus operating budget.