2015 Revised Code of Washington
Title 39 - PUBLIC CONTRACTS AND INDEBTEDNESS
39.42 State bonds, notes, and other evidences of indebtedness.
39.42.120 Excess earnings account—Payments to United States treasury.
RCW 39.42.120 Excess earnings account—Payments to United States treasury.
The excess earnings account is created in the state treasury. From the revenue funds from which principal and interest payments on bonds are provided, the state treasurer shall periodically transfer to the excess earnings account such amounts as are owed to the federal government under section 148 of the federal internal revenue code. Pursuant to legislative appropriation from the excess earnings account, the state treasurer shall periodically remit to the United States treasury any amounts owed to the federal government under section 148 of the federal internal revenue code.
[1988 c 92 § 1.]
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
