WA People
BILL · 2005–06 SESSION

HB 1039: Genral fund working capital

Creating a general fund working capital designation.

Summary

  • Creates the ready reserve account in the state treasury. Beginning with fiscal year 2006, at the end of each fiscal year, the state treasurer shall deposit in the ready reserve account all general fund-state revenues in excess of the expenditures from general fund-state appropriations for that fiscal year, up to the state expenditure limit for that fiscal year.

From the Bill Digest (HB 1039), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 11, 2005
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Helen Sommers (D-36)
Introduced
January 11, 2005 in the House
Last action
January 9, 2006
Requested by
State agency

AN ACT Relating to a general fund working capital designation;

Sponsors

Prime sponsor: Helen Sommers (D-36)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Appropriations.

HB 1039 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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