Distribution of revenues.

RCW 82.87.030 — under Chapter 82.87 Capital gains tax..

RCW 82.87.030

*** CHANGE IN 2026 *** (SEE 5998-S.SL) ***(1) All taxes, interest, and penalties collected under this chapter shall be distributed as follows:(a) The first $500,000,000 collected each fiscal year shall be deposited into the education legacy trust account created in RCW 83.100.230; and(b) Any remainder collected each fiscal year shall be deposited into the common school construction account [fund].(2) The amounts specified under subsection (1)(a) of this section shall be adjusted annually as provided under RCW 82.87.150.[ 2021 c 196 s 2.]Notes:Automatic expiration date and tax preference performance statement exemption—2021 c 196: See note following RCW 82.87.010.