2012 Revised Code of Washington
Title 41 - PUBLIC EMPLOYMENT, CIVIL SERVICE, AND PENSIONS
41.26 Law enforcement officers' and firefighters' retirement system.
41.26.802 Local public safety enhancement account -- Transfers into account.


WA Rev Code § 41.26.802 (2012) What's This?

RCW 41.26.802 Local public safety enhancement account — Transfers into account.

(1) By September 30, 2011, if the prior fiscal biennium's general state revenues exceed the previous fiscal biennium's revenues by more than five percent, subject to appropriation by the legislature, the state treasurer shall transfer five million dollars to the local public safety enhancement account.

     (2) By September 30, 2013, if the prior fiscal biennium's general state revenues exceed the previous fiscal biennium's revenues by more than five percent, subject to appropriation by the legislature, the state treasurer shall transfer ten million dollars to the local public safety enhancement account.

     (3) By September 30, 2015, if the prior fiscal biennium's general state revenues exceed the previous fiscal biennium's revenues by more than five percent, subject to appropriation by the legislature, the state treasurer shall transfer twenty million dollars to the local public safety enhancement account.

     (4) By September 30, 2017, and by September 30 of each odd-numbered year thereafter, if the prior fiscal biennium's general state revenues exceed the previous fiscal biennium's revenues by more than five percent, subject to appropriation by the legislature, the state treasurer shall transfer the lesser of one-third of the increase, or fifty million dollars, to the local public safety enhancement account.

[2008 c 99 § 4.]

Notes:

     Findings -- Purpose -- 2008 c 99: See note following RCW 41.26.800.


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