Washington § 47.60.610 Excess repayment funds—Disposition.

Washington Statutes

§ 47.60.610 — Excess repayment funds—Disposition.

Washington § 47.60.610

Title 47PUBLIC HIGHWAYS AND TRANSPORTATION

Ch. 47.60PUGET SOUND FERRY AND TOLL BRIDGE SYSTEM

This text of Washington § 47.60.610 (Excess repayment funds—Disposition.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 47.60.610 (2026).

Text

Whenever the percentage of the motor vehicle fund arising from excise taxes on motor vehicle and special fuels payable into the bond retirement fund proves more than is required for the payment of interest on bonds when due, or current retirement of bonds, any excess may, in the discretion of the state finance committee and with the concurrence of the department, be available for the prior redemption of any bonds or remain available in the fund to reduce requirements upon the fuel excise tax portion of the motor vehicle fund at the next interest or bond payment period.

Severability — 1977 ex.s. c 360: See note following RCW 47.60.560 .

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Whenever the percentage of the motor vehicle fund arising from excise taxes on motor vehicle and special fuels payable into the bond retirement fund proves more than is required for the payment of interest on bonds when due, or current retirement of bonds, any excess may, in the discretion of the state finance committee and with the concurrence of the department, be available for the prior redemption of any bonds or remain available in the fund to reduce requirements upon the fuel excise tax portion of the motor vehicle fund at the next interest or bond payment period.

Severability — 1977 ex.s. c 360: See note following RCW 47.60.560 .