BILL REQ. #:  S-0804.1 



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SENATE BILL 5486
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State of Washington62nd Legislature2011 Regular Session

By Senators Benton, Schoesler, Stevens, Roach, and Holmquist Newbry

Read first time 01/26/11.   Referred to Committee on Ways & Means.



     AN ACT Relating to creating the taxpayer savings account; adding a new section to chapter 82.32 RCW; and creating a new section.

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

NEW SECTION.  Sec. 1   The legislature with this act intends to provide an option for taxpayers to voluntarily contribute more to state government. The legislature recognizes that citizens who desire to contribute more to finance state government should have a convenient way to do so and therefore the "taxpayer savings account" is created in the state treasury.

NEW SECTION.  Sec. 2   A new section is added to chapter 82.32 RCW to read as follows:
     The taxpayer savings account is created in the state treasury. All receipts from citizens' voluntary contributions, donations, gifts bequests, grants, or other sources granted or given for this account must be deposited in the account. Money in the account may be spent only after appropriation. Expenditures from the account may be used for any general fund or transportation purpose.

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