Z-486                 _______________________________________________

                                                    HOUSE BILL NO. 152

                        _______________________________________________

                                                                            C 180 L 85

State of Washington                              49th Legislature                              1985 Regular Session

By Representatives Grimm, Sommers, Vander Stoep and Basich

Read first time 1/23/85 and referred to Committee on Higher Education.

AN ACT Relating to community college vendor payments; and amending RCW 28B.50.143.

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

        Sec. 1.  Section 2, chapter 331, Laws of 1977 ex. sess. as amended by section 21, chapter 151, Laws of 1979 and RCW 28B.50.143 are each amended to read as follows:

          In order that each community college treasurer appointed in accordance with RCW 28B.50.142 may make vendor payments, the state treasurer will honor warrants drawn by each community college providing for one initial advance on September 1, 1977, of the current biennium and on July 1 of each succeeding biennium from the state general fund in an amount equal to ((ten)) seventeen percent of each institution's average monthly allotment for such budgeted biennium expenditures as certified by the office of financial management, and at the conclusion of each such initial month, and for each succeeding month of any biennium, the state treasurer will reimburse each institution for each expenditure incurred and reported monthly by each community college treasurer in accordance with chapter 43.83 RCW:  PROVIDED,  That the reimbursement to each institution for actual expenditures incurred in the final month of each biennium shall be less the initial advance.

                                                                                                                      Passed the House February 18, 1985.

                                                                                                                                         Speaker of the House.

                                                                                                                           Passed the Senate April 12, 1985.

                                                                                                                                       President of the Senate.