FINAL BILL REPORT

 

 

                                    HB 1957

 

 

                                   C 78 L 90

 

 

BYRepresentatives Zellinsky, S. Wilson, Haugen, Schmidt, Walk, Vekich, R. Meyers, Sayan, Spanel and Youngsman

 

 

Repealing excess funds transfer provisions for the Puget Sound ferry operations account.

 

 

House Committe on Transportation

 

 

Senate Committee on Transportation

 

 

                              SYNOPSIS AS ENACTED

 

BACKGROUND:

 

Any revenues for the Ferry System accruing to the Puget Sound Ferry Operations Account (PSFOA) that are not expended at the end of a biennium transfer to the Motor Vehicle Fund (MVF) and must be expended for state highway purposes.  Since the Ferry System's operating budget is now subject to the appropriations process, actual expenditures cannot exceed appropriation authority.

 

SUMMARY:

 

Revenues accruing to the Puget Sound Ferry Operations Account (PSFOA) in excess of the appropriation authority at the end of each biennium will remain in the PSFOA and will not be transferred for state highway purposes.

 

 

VOTES ON FINAL PASSAGE:

 

      House 86   3

      Senate    38     6

 

EFFECTIVE:June 7, 1990