Advance right-of-way revolving fund.
There is created the "advance right-of-way revolving fund" in the custody of the treasurer, into which the department is authorized to deposit directly and expend without appropriation:
(1) An initial deposit of $10,000,000 from the motor vehicle fund included in the department of transportation's 1991-93 budget;
(2) All moneys received by the department as rental income from real properties that are not subject to federal aid reimbursement, except moneys received from rental of capital facilities properties as defined in *chapter 47.13 RCW; and
(3) Any federal moneys available for acquisition of right-of-way for future construction under the provisions of section 108 of Title 23, United States Code.
During the 2023-2025 fiscal biennium, the legislature may direct the state treasurer to make transfers of moneys from the advance right-of-way revolving fund to the JUDY transportation future funding program account.
[ 2024 c 310 s 606; 2013 c 306 s 714; 2011 c 367 s 717; 2009 c 470 s 709; 2007 c 518 s 707; 1991 c 291 s 2; 1984 c 7 s 125; 1969 ex.s. c 197 s 7.]
NOTES:
*Reviser's note: Chapter 47.13 RCW was repealed by 1999 c 94 s 33, effective July 1, 1999.
Effective date—2024 c 310: See note following RCW 14.40.020.
Effective date—2013 c 306: See note following RCW 47.64.170.
Effective date—2011 c 367: See note following RCW 47.29.170.
Effective date—2009 c 470: See note following RCW 46.68.170.
Severability—Effective date—2007 c 518: See notes following RCW 46.68.170.