WA HB1202

Authorizes the state finance committee to issue up to $4,869,147,000 in general obligation bonds to finance capital and operating projects for the 2023-2025 and 2025-2027 fiscal biennia

Allocates bond proceeds with $4,314,527,000 to the state building construction account and $554,620,000 to the state taxable building construction account

Directs transfers from bond proceeds to the outdoor recreation account, habitat conservation account, farm and forest account, and Ruth LeCocq Kagi early learning facilities accounts

Pledges the full faith and credit of Washington State for repayment, with principal and interest paid through the debt-limit general fund bond retirement account

Declared an emergency measure, taking effect immediately upon passage