HOUSE BILL REPORT

HB 1957

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

Majority Report:  Do pass.  (19)

      Signed by Representatives Walk, Chair; Baugher, Vice Chair; Schmidt, Ranking Republican Member; Wood, Assistant Ranking Republican Member; Cantwell, G. Fisher, R. Fisher, Gallagher, Hankins, Heavey, Jones, Kremen, R. Meyers, Nelson, Patrick, Prince, Smith, Walker and Zellinsky.

Minority Report:  Do not pass.  (1)

      Signed by Representative Cooper.

House Staff:Gene Schlatter (786-7316)

AS PASSED HOUSE JANUARY 22, 1990

BACKGROUND:

Any revenues for the Ferry System accruing to the Puget Sound Ferry Operations Account (PSFOA) which 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 not be transferred for state highway purposes.

Fiscal Note:      Not Requested.

House Committee ‑ Testified For:    Terry McCarthy, Marine Division, Department of Transportation.

House Committee - Testified Against:      No one.

House Committee - Testimony For:    Allowing the PSFOA to retain its ending fund balance will bring the PSFOA in line with general state practices.

House Committee - Testimony Against:      None.