Z-0455.1                   _______________________________________________

                                                      HOUSE BILL 1526

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State of Washington                              53rd Legislature                             1993 Regular Session

By Representatives Locke, Silver and Valle; by request of Office of Financial Management

Read first time 01/29/93.  Referred to Committee on Appropriations.

Appropriating from the budget stabilization account.

          AN ACT Relating to the budget stabilization account; making an appropriation; and declaring an emergency.

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

NEW SECTION. Sec. 1.  State revenues have declined below previous projections.  Therefore, the sum of one hundred million dollars from the budget stabilization account is appropriated for the biennium ending June 30, 1995, to the general fund for the purposes of RCW 43.88.535(1) (a) and (b).

NEW SECTION. Sec. 2.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately.

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