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WA SB5802
Bill
Status
5/20/2025
Primary Sponsor
Marko Liias
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AI Summary
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Transfers $111,896,000 from the multimodal transportation account to the general fund in fiscal year 2026, plus an additional $114,000,000 transfer that same year
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Redirects $57,000,000 annually from the public works assistance account to the general fund for fiscal years 2026 and 2027, instead of to the move ahead WA account
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Dedicates 0.1% of state retail sales and use tax revenue to the multimodal transportation account beginning July 1, 2027
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Transfers $304,691,000 from the general fund to the multimodal transportation account in each of fiscal years 2028 and 2029
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Accelerates repayment of deferred sales and use taxes for the SR 16 and SR 520 bridge projects, requiring full payment by June 30, 2026, with toll revenue reimbursement by December 31, 2032 and December 31, 2050 respectively
Legislative Description
Rebalancing statutory fund transfers and revenue dedications for transportation.
Last Action
Effective date 7/27/2025*.
5/20/2025