5975-S AMH BARK HAJE 364

  

SSB 5975 - H AMD to H AMD (H-2876.1/22) 1256

By Representative Barkis

NOT ADOPTED 03/01/2022

On page 7, beginning on line 2 of the striking amendment, strike the entire carbon emissions reduction account-state appropriation

On page 7, line 4 of the striking amendment, correct the total.

On page 7, beginning on line 11 of the striking amendment, strike all of subsection (2) and insert the following:

"(2) The department shall refrain from conducting activities performed in anticipation of the state providing match contributions for pending federal grant opportunities for ultra high-speed rail corridor development, since the legislature does not intend to provide match funding of $150,000,000 in climate emissions reduction account funds for this purpose."

On page 8, after line 24 of the striking amendment, insert the following:

"NEW SECTION. Sec. 402. FOR THE STATE TREASURER-ADMINISTRATIVE TRANSFERS

Carbon Emissions Reduction Account-State Appropriation:

 For transfer to the Essential Rail Assistance

Account-State. . . . . . . . . . . . . . . . . . . $150,000,000"

EFFECT:   Eliminates funding and removes the mandate for WSDOT's Rail, Freight, and Ports Division's state match contributions to support federal grant funding opportunities related to ultra high-speed rail corridor development, replacing it with direction for the department to refrain from conducting activities performed in anticipation of state match grant funding of $150 million; transfers $150 million from the Carbon Emissions Reduction Account-State to the Essential Rail Assistance Account-State, an account restricted to use for certain specified rail purposes.

FISCAL IMPACT:

 Reduces Carbon Emissions Reduction Acct - State by $50,000,000.

Increases Essential Rail Assistance Acct - State by $150,000,000.

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