6444-S.E AMH PROB SMIS 187

ESSB 6444 - H AMD TO H AMD (H-5483.2/10) 1336

By Representative Probst

WITHDRAWN 3/05/2010

    On page 20, after line 4, add the following:

    "Economic Development Strategic Reserve Account … $5,000,000"

    On page 20, line 6, correct the total

    On page 26, after line 11, insert the following:

"(33)  $4,000,000 of the economic development strategic reserve account appropriation is provided solely for economic development councils for the purposes of developing renewable energy manufacturing facilities in counties with a population of 300,000 or higher, and an unemployment rate higher than thirteen percent as of December, 2009. 

(34)  $1,000,000 of the economic development strategic reserve account appropriation is provided solely for economic development councils for the purposes of developing renewable energy manufacturing facilities in counties with a population of any size, and an unemployment rate higher than thirteen percent as of December, 2009."

On page 269, after line 31, insert the following:

"Sec. 923.  RCW 67.70.190 and 2009 c 564 s 949 are each amended to read as follows:

Unclaimed prizes shall be retained in the state lottery account for the person entitled thereto for one hundred eighty days after the drawing in which the prize is won, or after the official end of the game for instant prizes.  If no claim is made for the prize within this time, all rights to the prize shall be extinguished, and the prize shall be retained in the state lottery fund for further use as prizes, except that one-third of all unclaimed prize money, and an additional sum of $5,000,000 shall be deposited in the economic development strategic reserve account created in RCW 43.330.250.

     On July 1, 2009, June 30, 2010, and June 30, 2011, all unclaimed prize money retained in the state lottery fund [account] in excess of three million dollars, excluding amounts distributed to the economic development strategic reserve account, shall be transferred into the state general fund."

          Renumber the sections consecutively and correct the title and any internal references accordingly.

EFFECT:   Provides for deposit of an additional $5,000,000 from unclaimed lottery prize money to the Economic Development Strategic Reserve Account.  This amount is appropriated to the Department of Commerce for renewable energy uses.

FISCAL IMPACT:

           Increases Other Funds appropriation by $5,000,000.  Reduces General Fund-State resources by $5,000,000.

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