1853-S.E AMS LIIA S3338.1
ESHB 1853 - S AMD TO TRAN COMM AMD (S-3307.1/23) 435
By Senator Liias
On page 23, after line 20, insert the following:
"NEW SECTION. Sec. 14.
A new section is added to chapter 70A.535
RCW to read as follows:
The clean fuels transportation investment account is created in the state treasury. All receipts to the state from clean fuel credits generated from transportation investments, including those listed under RCW 70A.535.050
(3), must be deposited into the account. Moneys in the account may be spent only after appropriation. Expenditures from the account may only be used by the department of transportation for transportation purposes, including activities and projects that reduce greenhouse gas emissions and decarbonize the transportation sector."
Renumber the remaining sections consecutively and correct any internal references accordingly.
On page 24, line 5, after "47.04.010;" insert "adding a new section to chapter 70A.535
EFFECT: Creates a new account, the clean fuels transportation investment account. Receipts to the state from clean fuel credits generated from transportation investments must be deposited into the account.
--- END ---