5998-S.E AMH RUDE MACK 436

ESSB 5998 - H AMD TO H AMD (H-3714.1/26) 2114

NOT ADOPTED 02/28/2026

On page 400, line 33, increase the education legacy trust account—state appropriation by $14,008,000

On page 400, line 35, correct the total.

On page 410, beginning on line 34, after "1.4 FTE" strike "in the 2025-26 school year and 1.2 FTE in the 2026-27 school year"

On page 411, line 1, after "1.4" strike "or 1.2"

On page 415, after line 3, insert the following:

"Education Legacy Trust Account—State Appropriation . . . $25,755,000"

On page 415, line 5, correct the total.

On page 416, beginning on line 17, after "year." Strike all material through "2025." on line 26

On page 422, after line 6, insert the following:

"Education Legacy Trust Account—State Appropriation . . . $25,093,000"

On page 422, line 8, correct the total.

On page 422, at the beginning of line 11, strike "(1)"

On page 422, line 12, after "2026" strike "and" and insert "((and)),"

On page 422, line 13, after "2027" insert ", and $25,093,000 of the education legacy trust account—state appropriation"

On page 422, line 16, after "year and" strike "(($250)) $150" and insert "$250"

On page 422, beginning on line 18, beginning with "(2)" strike all material through "funding)." on line 21

On page 435, after line 14, insert the following:

"Education Legacy Trust Account—State Appropriation . . . $18,970,000"

On page 435, line 16, correct the total.

On page 435, beginning on line 22, after "eligible children" strike all material through "and families" on page 436, line 18 and insert "per school year"

On page 517, after line 10, insert the following:

"Climate Investment Account: For transfer to the

the education legacy trust account, $236,349,000 for fiscal year 2027$236,349,000"

On page 535, after line 34, insert the following:

"Sec. 924. RCW 70A.65.250 and 2025 c 424 s 973 are each amended to read as follows:

(1)(a) The climate investment account is created in the state treasury. Except as otherwise provided in chapter 316, Laws of 2021, all receipts from the auction of allowances authorized in this chapter must be deposited into the account. Moneys in the account may be spent only after appropriation.

(b) Projects or activities funded from the account must meet high labor standards, including family sustaining wages, providing benefits including health care and employer-contributed retirement plans, career development opportunities, and maximize access to economic benefits from such projects for local workers and diverse businesses. Each contracting entity's proposal must be reviewed for equity and opportunity improvement efforts, including: (i) Employer paid sick leave programs; (ii) pay practices in relation to living wage indicators such as the federal poverty level; (iii) efforts to evaluate pay equity based on gender identity, race, and other protected status under Washington law; (iv) facilitating career development opportunities, such as apprenticeship programs, internships, job-shadowing, and on-the-job training; and (v) employment assistance and employment barriers for justice affected individuals.

(2) Moneys in the account may be used only for projects and programs that achieve the purposes of the greenhouse gas emissions cap and invest program established under this chapter and for tribal capacity grants under RCW 70A.65.305. During the 2023-2025 fiscal biennium, moneys in the account may also be used for tribal capacity grant activities supporting climate resilience and adaptation, developing tribal clean energy projects, applying for state or federal grant funding, and other related work; and for providing payments to agricultural fuel purchasers. During the 2025-2027 fiscal biennium, moneys in the account may also be used for tribal capacity grant activities supporting climate resilience and adaptation, developing tribal clean energy projects, applying for state or federal grant funding, and other related work. Moneys in the account as described in this subsection must first be appropriated for the administration of the requirements of this chapter, in an amount not to exceed five percent of the total receipt of funds from allowance auction proceeds under this chapter. Beginning July 1, 2023, and annually thereafter, the state treasurer shall distribute funds in the account that exceed the amounts appropriated for the purposes of this subsection (2) as follows:

(a) Seventy-five percent of the moneys to the climate commitment account created in RCW 70A.65.260; and

(b) Twenty-five percent of the moneys to the natural climate solutions account created in RCW 70A.65.270.

(3) The allocations specified in subsection (2)(a) and (b) of this section must be reviewed by the legislature on a biennial basis based on the changing needs of the state in meeting its clean economy and greenhouse gas reduction goals in a timely, economically advantageous, and equitable manner.

(4) During the 2023-2025 and 2025-2027 fiscal biennia, the legislature may direct the state treasurer to make transfers of moneys in the climate investment account to the carbon emissions reduction account, the climate commitment account, the education legacy trust account, and the natural climate solutions account."

Renumber the remaining sections consecutively and correct any internal references accordingly.

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