RCW 43.100A.316 General obligation bonds for capital and operating appropriations acts. For the purpose of providing funds to finance the projects described and authorized by the legislature in the omnibus capital and operating appropriations acts for the 2019-2021 and 2021-2023 fiscal biennia, and all costs incidental thereto, the state finance committee is authorized to issue […]
RCW 43.100A.317 Conditions and limitations. (1) The proceeds from the sale of bonds authorized in RCW 43.100A.316 shall be deposited in the state building construction account created by RCW 43.83.020. The proceeds shall be transferred as follows: (a) $3,800,722,793 to remain in the state building construction account created by RCW 43.83.020; (b) $170,568,000 to the […]
RCW 43.100A.318 Retirement of bonds—Reimbursement of general fund from debt-limit general fund bond retirement account. (1) The debt-limit general fund bond retirement account shall be used for the payment of the principal of and interest on the bonds authorized in RCW 43.100A.316. (2) The state finance committee shall, on or before June 30th of each […]
RCW 43.100A.319 Pledge and promise—Remedies. (1) Bonds issued under RCW 43.100A.316 shall state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the payment of the principal thereof and the interest thereon, and shall contain an unconditional promise to pay the principal […]
RCW 43.100A.320 Payment of principal and interest—Additional means for raising money authorized. The legislature may provide additional means for raising moneys for the payment of the principal of and interest on the bonds authorized in RCW 43.100A.316, and RCW 43.100A.317 and 43.100A.318 shall not be deemed to provide an exclusive method for the payment. [ […]
