47.10.900 – Repayment procedure.
RCW 47.10.900 Repayment procedure. For bonds issued under the authority of this section and RCW 47.10.896, 47.10.899, and 47.10.901, the state treasurer shall first withdraw toll revenue from the appropriate toll account for the facility for which the bonds are issued and sold, and, to the extent toll revenue is not available, excise taxes on […]
47.10.901 – Equal charge against fuel excise taxes and vehicle-related fees.
RCW 47.10.901 Equal charge against fuel excise taxes and vehicle-related fees. Bonds issued under the authority of RCW 47.10.896, 47.10.899, and 47.10.900 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge excise taxes on fuel and vehicle-related fees for […]
47.10.905 – Toll facility bond retirement account.
RCW 47.10.905 Toll facility bond retirement account. The toll facility bond retirement account is created in the state treasury for the purpose of payment of the principal of and interest and premium on bonds. Both principal of and interest on the bonds issued for the purposes of chapter 498, Laws of 2009, chapter 377, Laws […]
47.10.906 – State finance committee authority—Department of transportation approval of actions—Bond owners’ rights.
RCW 47.10.906 State finance committee authority—Department of transportation approval of actions—Bond owners’ rights. The state finance committee may determine and include in any resolution authorizing the issuance of any bonds under chapter 498, Laws of 2009, chapter 377, Laws of 2011, and chapter 421, Laws of 2019, such terms, provisions, covenants, and conditions as it […]
47.10.907 – Definitions.
RCW 47.10.907 Definitions. (1) For the purposes of chapter 498, Laws of 2009, chapter 377, Laws of 2011, and chapter 421, Laws of 2019, “toll revenue” means all toll receipts, all interest income derived from the investment of toll receipts, and any gifts, grants, or other funds received for the benefit of transportation facilities in […]
47.10.908 – Definitions applicable to chapter 103, Laws of 2022.
RCW 47.10.908 Definitions applicable to chapter 103, Laws of 2022. For the purposes of chapter 103, Laws of 2022, the following definitions apply: (1) “Highway bond act” means any of the following bond authorization acts that authorize the issuance of general obligation bonds of the state of Washington for highway purposes the principal of and […]
47.10.897 – Administration and amount of sale.
RCW 47.10.897 Administration and amount of sale. Upon the request of the department, the state finance committee shall supervise and provide for the issuance, sale, and retirement of bonds authorized by chapter 421, Laws of 2019 in accordance with chapter 39.42 RCW. Bonds authorized by chapter 421, Laws of 2019 shall be sold in the […]
47.10.898 – Proceeds—Deposit and use.
RCW 47.10.898 Proceeds—Deposit and use. (1) The proceeds from the sale of bonds authorized by: (a) RCW 47.10.896(1)(a) shall be deposited in the Interstate 405 and state route number 167 express toll lanes account created in RCW 47.56.884; and (b) RCW 47.10.896(1)(b) shall be deposited in the Puget Sound Gateway facility account created in RCW […]
47.10.899 – Statement of general obligation—Pledge of toll revenue and excise taxes and vehicle-related fees.
RCW 47.10.899 Statement of general obligation—Pledge of toll revenue and excise taxes and vehicle-related fees. Bonds issued under the authority of this section and RCW 47.10.896, 47.10.900, and 47.10.901 shall distinctly state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the […]
47.10.885 – Equal charge against motor vehicle and special fuels excise taxes and vehicle-related fees.
RCW 47.10.885 Equal charge against motor vehicle and special fuels excise taxes and vehicle-related fees. Bonds issued under the authority of RCW 47.10.879, 47.10.883, and 47.10.884 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge motor vehicle and special […]