5693-S.E AMH BARK JOND 321

  

ESSB 5693 - H AMD TO H AMD (H-2871.1/22) 1174

By Representative Barkis

WITHDRAWN 02/26/2022

On page 690, line 7, after "MANAGEMENT--" strike all material through "$2,000,000,000" on line 10 and insert the following:

"MOTOR VEHICLE FUND

General Fund--State Appropriation (FY 2023)... $625,000,000

TOTAL APPROPRIATION... $625,000,000"

On page 690, line 13, after "the" strike all material through "47.66.070" on line 14 and insert "motor vehicle fund created in RCW 46.68.070. It is the intent of the legislature that this funding continue in subsequent biennia and increase annually by the fiscal growth factor as defined in RCW 43.135.025"

EFFECT:   Eliminates a $2.0 billion appropriation in Special Appropriations from General Fund-State to the Multimodal Transportation Account in fiscal year 2022 and replaces it with a $625.0 million appropriation from General Fund-State to the Motor Vehicle Fund in fiscal year 2023. Declares intent that the appropriation into the Motor Vehicle Fund continue in subsequent biennia and increase annually by the fiscal growth factor.

FISCAL IMPACT:

 Reduces General Fund - State by $1,375,000.

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