6158 AMS HOLJ MUNG 076
SB 6158 - S AMD 474
By Senators Holmquist, Delvin, Morton, Schoesler, Becker, Parlette, Zarelli, Stevens, King, Swecker, Sheldon, Hewitt, Carrell, Brandland, Honeyford and McCaslin
NOT ADOPTED 4/25/2009
Strike everything after the enacting clause and insert the following:
Sec. 1. RCW 43.79A.040 and 2008 c 239 s 9, 2008 c 208 s 9, 2008 c 128 s 20, and 2008 c 122 s 24 are each reenacted and amended to read as follows:
(1) Money in the treasurer's trust fund may be deposited, invested, and reinvested by the state treasurer in accordance with RCW 43.84.080 in the same manner and to the same extent as if the money were in the state treasury.
(2) All income received from investment of the treasurer's trust fund shall be set aside in an account in the treasury trust fund to be known as the investment income account.
(3) The investment income account may be utilized for the payment of purchased banking services on behalf of treasurer's trust funds including, but not limited to, depository, safekeeping, and disbursement functions for the state treasurer or affected state agencies. The investment income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for payments to financial institutions. Payments shall occur prior to distribution of earnings set forth in subsection (4) of this section.
(4)(a) Monthly, the state treasurer shall distribute the earnings credited to the investment income account to the state general fund except under (b) and (c) of this subsection.
(b) The following accounts and funds shall receive their
proportionate share of earnings based upon each account's or fund's average
daily balance for the period: The Washington promise scholarship account, the
college savings program account, the Washington advanced college tuition
payment program account, the agricultural local fund, the American Indian
scholarship endowment fund, the foster care scholarship endowment fund, the
foster care endowed scholarship trust fund, the students with dependents grant
account, the basic health plan self-insurance reserve account, the contract
harvesting revolving account, the Washington state combined fund drive account,
the commemorative works account, the Washington international exchange scholarship
endowment fund, the toll collection account, the developmental disabilities
endowment trust fund, the energy account, the fair fund, ((the family leave
insurance account,)) the food animal veterinarian conditional scholarship
account, the fruit and vegetable inspection account, the future teachers
conditional scholarship account, the game farm alternative account, the GET
ready for math and science scholarship account, the grain inspection revolving
fund, the juvenile accountability incentive account, the law enforcement
officers' and firefighters' plan 2 expense fund, the local tourism promotion
account, the pilotage account, the produce railcar pool account, the regional
transportation investment district account, the rural rehabilitation account,
the stadium and exhibition center account, the youth athletic facility account,
the self-insurance revolving fund, the sulfur dioxide abatement account, the
children's trust fund, the Washington horse racing commission Washington bred
owners' bonus fund account, the Washington horse racing commission class C
purse fund account, the individual development account program account, the
Washington horse racing commission operating account (earnings from the
Washington horse racing commission operating account must be credited to the
Washington horse racing commission class C purse fund account), the life
sciences discovery fund, the Washington state heritage center account, the
reduced cigarette ignition propensity account, and the reading achievement
account. However, the earnings to be distributed shall first be reduced by the
allocation to the state treasurer's service fund pursuant to RCW 43.08.190.
(c) The following accounts and funds shall receive eighty percent of their proportionate share of earnings based upon each account's or fund's average daily balance for the period: The advanced right-of-way revolving fund, the advanced environmental mitigation revolving account, the city and county advance right-of-way revolving fund, the federal narcotics asset forfeitures account, the high occupancy vehicle account, the local rail service assistance account, and the miscellaneous transportation programs account.
(5) In conformance with Article II, section 37 of the state Constitution, no trust accounts or funds shall be allocated earnings without the specific affirmative directive of this section.
Sec. 2. RCW 51.44.033 and 2007 c 357 s 23 are each amended to read as follows:
There shall be, in the office of the state treasurer, a
fund to be known and designated as the "supplemental pension fund".
The director shall be the administrator thereof. The fund shall be used for
the sole purposes of making the additional payments therefrom prescribed in
this title ((and the loans therefrom authorized in RCW 49.86.190)).
NEW SECTION. Sec. 3. The following acts or parts of acts are each repealed:
(1) RCW 49.86.005 (Findings) and 2007 c 357 s 1;
(2) RCW 49.86.010 (Definitions) and 2007 c 357 s 3;
(3) RCW 49.86.020 (Family leave insurance program) and 2007 c 357 s 4;
(4) RCW 49.86.030 (Eligibility for benefits) and 2007 c 357 s 5;
(5) RCW 49.86.040 (Disqualification from benefits) and 2007 c 357 s 6;
(6) RCW 49.86.050 (Duration of benefits‑-Payment of benefits) and 2007 c 357 s 7;
(7) RCW 49.86.060 (Amount of benefits) and 2007 c 357 s 8;
(8) RCW 49.86.070 (Federal income tax) and 2007 c 357 s 9;
(9) RCW 49.86.080 (Erroneous payments‑-Payments induced by willful misrepresentation‑-Claim rejected after payments) and 2007 c 357 s 10;
(10) RCW 49.86.090 (Leave and employment protection) and 2007 c 357 s 11;
(11) RCW 49.86.100 (Employment by same employer) and 2007 c 357 s 12;
(12) RCW 49.86.110 (Elective coverage) and 2007 c 357 s 13;
(13) RCW 49.86.120 (Appeals) and 2007 c 357 s 14;
(14) RCW 49.86.130 (Prohibited acts‑-Discrimination‑-Enforcement) and 2007 c 357 s 15;
(15) RCW 49.86.140 (Coordination of leave) and 2007 c 357 s 16;
(16) RCW 49.86.150 (Continuing entitlement or contractual rights‑- Not created) and 2007 c 357 s 17;
(17) RCW 49.86.160 (Rules) and 2007 c 357 s 18;
(18) RCW 49.86.170 (Family leave insurance account) and 2007 c 357 s 19;
(19) RCW 49.86.180 (Family leave insurance account funds‑- Investment) and 2007 c 357 s 20;
(20) RCW 49.86.190 (Initial program administration‑-Loans) and 2007 c 357 s 22;
(21) RCW 49.86.200 (Authority to contract) and 2007 c 357 s 24;
(22) RCW 49.86.210 (Reports) and 2007 c 357 s 26;
(23) RCW 49.86.900 (Severability‑-2007 c 357) and 2007 c 357 s 27;
(24) RCW 49.86.901 (Captions not law‑-2007 c 357) and 2007 c 357 s 28; and
(25) RCW 49.86.902 (Effective dates‑-2007 c 357) and 2007 c 357 s 30.
NEW SECTION. Sec. 4. The code reviser shall alphabetize the accounts and funds in RCW 43.79A.040(4)(b).
NEW SECTION. Sec. 5. This act takes effect August 1, 2009.
SB 6158 - S AMD 474
By Senators Holmquist, Delvin, Morton, Schoesler, Becker, Parlette, Zarelli, Stevens, King, Swecker, Sheldon, Hewitt, Carrell, Brandland, Honeyford and McCaslin
NOT ADOPTED 4/25/2009
On page 1, line 1 of the title, after "Relating to" strike the remainder of the title and insert "repealing the 2007 family and medical leave insurance act; amending RCW 51.44.033; reenacting and amending RCW 43.79A.040; creating a new section; repealing RCW 49.86.005, 49.86.010, 49.86.020, 49.86.030, 49.86.040, 49.86.050, 49.86.060, 49.86.070, 49.86.080, 49.86.090, 49.86.100, 49.86.110, 49.86.120, 49.86.130, 49.86.140, 49.86.150, 49.86.160, 49.86.170, 49.86.180, 49.86.190, 49.86.200, 49.86.210, 49.86.900, 49.86.901, and 49.86.902; and providing an effective date."
EFFECT: Repeals the 2007 family and medical leave insurance act.
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