BILL REQ. #:  H-0987.1 

Read first time 01/29/2003.   Referred to Committee on Criminal Justice & Corrections.

     AN ACT Relating to interest on legal financial obligations; amending RCW 10.82.090; providing an effective date; and declaring an emergency.

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

Sec. 1   RCW 10.82.090 and 1995 c 291 s 7 are each amended to read as follows:
     (1) Except as provided in subsection (2) of this section, financial obligations imposed in a judgment shall bear interest from the date of the judgment until payment, at the rate applicable to civil judgments. All nonrestitution interest retained by the court shall be split twenty-five percent to the state treasurer for deposit in the public safety and education account as provided in RCW 43.08.250, twenty-five percent to the state treasurer for deposit in the judicial information system account as provided in RCW 2.68.020, twenty-five percent to the county current expense fund, and twenty-five percent to the county current expense fund to fund local courts.
     (2) With respect to financial obligations imposed for offenses committed on or after July 1, 2003, interest shall not accrue during any period of time the offender is in total confinement in a correctional or state correctional institution as defined in RCW 9.94.049, an out-of-state correctional institution, or a federal correctional institution.

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 takes effect July 1, 2003.