45 chapters · 1,269 sections in this title.
RCW 47.10.865 Repayment procedure—Bond retirement fund.
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Both principal and interest on the bonds issued for the purposes of RCW 47.10.861 through 47.10.866 shall be payable from the highway bond retirement fund. The state finance committee may provide that a special account be created in the fund to facilitate payment of the principal…
RCW 47.10.866 Equal charge against motor vehicle and special fuels excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.861 through 47.10.865 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge motor vehicle and special fuels excise taxes and vehicle-related fees fo…
RCW 47.10.867 Bond issue authorized—Appropriation of proceeds.
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For the purpose of providing funds for the planning, design, construction, reconstruction, and other necessary costs for transportation projects, the state finance committee is authorized to issue general obligation bonds of the state of Washington in the sum of two hundred forty…
RCW 47.10.868 Proceeds—Deposit and use.
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The proceeds of the sale of the bonds authorized in RCW 47.10.867 must be deposited in the multimodal transportation account and must be used exclusively for the purposes specified in RCW 47.10.867 and for the payment of expenses incurred in the issuance and sale of the bonds.[ 2…
RCW 47.10.869 Repayment procedure.
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(1) The nondebt-limit reimbursable bond retirement account must be used for the payment of the principal and interest on the bonds authorized in RCW 47.10.867.(2)(a) The state finance committee must, on or before June 30th of each year, certify to the state treasurer the amount n…
RCW 47.10.870 Statement of general obligation—Transfer and payment of funds.
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(1) Bonds issued under RCW 47.10.867 must state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal and interest, and must contain an unconditional promise to pay the principal and inter…
RCW 47.10.871 Additional repayment means.
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The legislature may provide additional means for raising moneys for the payment of the principal and interest on the bonds authorized in RCW 47.10.867, and RCW 47.10.869 and 47.10.870 are not deemed to provide an exclusive method for their payment.[ 2003 c 147 s 11.]Notes:Effecti…
RCW 47.10.872 Legal investment.
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The bonds authorized in RCW 47.10.867 are a legal investment for all state funds or funds under state control and for all funds of any other public body.[ 2003 c 147 s 12.]Notes:Effective date—2003 c 147: See note following RCW 47.10.861.
RCW 47.10.873 Bond issue authorized.
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In order to provide funds necessary for the location, design, right-of-way, and construction of selected projects or improvements that are identified as 2005 transportation partnership projects or improvements in an omnibus transportation appropriations act, there shall be issued…
RCW 47.10.874 Administration and amount of sale.
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Upon the request of the department of transportation, as appropriate, the state finance committee shall supervise and provide for the issuance, sale, and retirement of the bonds in RCW 47.10.873 through 47.10.878 in accordance with chapter 39.42 RCW. Bonds authorized by RCW 47.10…
RCW 47.10.875 Proceeds—Deposit and use.
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The proceeds from the sale of bonds authorized by RCW 47.10.873 shall be deposited in the transportation partnership account in the motor vehicle fund. The proceeds shall be available only for the purposes enumerated in RCW 47.10.873, for the payment of bond anticipation notes, i…
RCW 47.10.876 Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.873 through 47.10.878 must distinctly state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal thereof and the interest thereon, and must c…
RCW 47.10.877 Repayment procedure—Bond retirement fund.
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Both principal and interest on the bonds issued for the purposes of RCW 47.10.873 through 47.10.878 shall be payable from the highway bond retirement fund. The state finance committee may provide that a special account be created in the fund to facilitate payment of the principal…
RCW 47.10.878 Equal charge against motor vehicle and special fuels excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.873 through 47.10.877 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge motor vehicle and special fuels excise taxes and vehicle-related fees fo…
RCW 47.10.879 Bond issue authorized.
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*** CHANGE IN 2026 *** (SEE 6225-S.SL) ***In order to provide funds necessary for the location, design, right-of-way, and construction of the state route number 520 corridor projects, as allowed in section 2, chapter 472, Laws of 2009, there shall be issued and sold upon the requ…
RCW 47.10.880 Administration and amount of sale.
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Upon the request of the department of transportation, the state finance committee shall supervise and provide for the issuance, sale, and retirement of the bonds authorized by chapter 498, Laws of 2009 in accordance with chapter 39.42 RCW. Bonds authorized by chapter 498, Laws of…
RCW 47.10.881 Proceeds—Deposit and use.
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The proceeds from the sale of bonds authorized by chapter 498, Laws of 2009 shall be deposited in the state route number 520 corridor account created under chapter 472, Laws of 2009, and shall be available only for the purposes enumerated in RCW 47.10.879, for the payment of bond…
RCW 47.10.883 Statement of general obligation—Pledge of toll revenue and excise taxes.
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Bonds issued under the authority of this section and RCW 47.10.879, 47.10.884, and 47.10.885 must distinctly state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal thereof and the int…
RCW 47.10.884 Repayment procedure.
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For bonds issued under the authority of this section and RCW 47.10.879, 47.10.883, and 47.10.885, the state treasurer shall first withdraw toll revenue from the state route number 520 corridor account created under chapter 472, Laws of 2009, and, to the extent toll revenue is not…
RCW 47.10.885 Equal charge against motor vehicle and special fuels excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.879, 47.10.883, and 47.10.884 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge motor vehicle and special fuels excise taxes and vehicle-related…
RCW 47.10.886 Toll revenue bonds.
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If and to the extent that the state finance committee determines, in consultation with the department of transportation and the tolling authority, that it will be beneficial for the state to issue any bonds authorized in RCW 47.10.879 and 47.10.883 through 47.10.885 as toll reven…
RCW 47.10.889 Bond issue authorized.
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In order to provide funds necessary for the location, design, right-of-way, and construction of selected projects or improvements that are identified as connecting Washington projects or improvements in an omnibus transportation appropriations act, there shall be issued and sold …
RCW 47.10.890 Administration and amount of sale.
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Upon the request of the department of transportation, as appropriate, the state finance committee shall supervise and provide for the issuance, sale, and retirement of the bonds in chapter 45, Laws of 2015 3rd sp. sess. in accordance with chapter 39.42 RCW. Bonds authorized by ch…
RCW 47.10.891 Proceeds—Deposit and use.
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The proceeds from the sale of bonds authorized by RCW 47.10.889 shall be deposited in the connecting Washington account in the motor vehicle fund. The proceeds shall be available only for the purposes enumerated in RCW 47.10.889, for the payment of bond anticipation notes, if any…
RCW 47.10.892 Statement of general obligation—Pledge of excise taxes and vehicle-related fees.
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Bonds issued under the authority of this section and RCW 47.10.889 through 47.10.891, 47.10.893, and 47.10.894 shall distinctly state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the payment of the principal…
RCW 47.10.893 Repayment procedure—Bond retirement fund.
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(1) Both principal and interest on the bonds issued for the purposes of this section and RCW 47.10.889 through 47.10.892 and 47.10.894 shall be payable from the highway bond retirement fund. The state finance committee may provide that a special account be created in the fund to …
RCW 47.10.894 Equal charge against fuel excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.889 through 47.10.893 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge fuel excise taxes and vehicle-related fees for the payment of principal …
RCW 47.10.895 Definition.
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For purposes of RCW 47.10.889 through 47.10.894, "vehicle-related fees" means vehicle-related fees imposed under Title 46 RCW that constitute license fees for motor vehicles required to be used for highway purposes.[ 2015 3rd sp.s. c 45 s 7.]Notes:Effective date—2015 3rd sp.s. c …
RCW 47.10.896 Bond issue authorized.
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(1) In order to provide funds necessary for the design, right-of-way, and construction of projects as allowed in RCW 47.56.880, 47.56.884, 47.56.895, and 47.56.897, there shall be issued and sold upon the request of the department of transportation up to the following amounts of …
RCW 47.10.897 Administration and amount of sale.
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Upon the request of the department, the state finance committee shall supervise and provide for the issuance, sale, and retirement of bonds authorized by chapter 421, Laws of 2019 in accordance with chapter 39.42 RCW. Bonds authorized by chapter 421, Laws of 2019 shall be sold in…
RCW 47.10.898 Proceeds—Deposit and use.
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(1) The proceeds from the sale of bonds authorized by:(a) RCW 47.10.896(1)(a) shall be deposited in the Interstate 405 and state route number 167 express toll lanes account created in RCW 47.56.884; and(b) RCW 47.10.896(1)(b) shall be deposited in the Puget Sound Gateway facility…
RCW 47.10.899 Statement of general obligation—Pledge of toll revenue and excise taxes and vehicle-related fees.
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Bonds issued under the authority of this section and RCW 47.10.896, 47.10.900, and 47.10.901 shall distinctly state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the payment of the principal thereof and the i…
RCW 47.10.900 Repayment procedure.
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For bonds issued under the authority of this section and RCW 47.10.896, 47.10.899, and 47.10.901, the state treasurer shall first withdraw toll revenue from the appropriate toll account for the facility for which the bonds are issued and sold, and, to the extent toll revenue is n…
RCW 47.10.901 Equal charge against fuel excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.896, 47.10.899, and 47.10.900 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge excise taxes on fuel and vehicle-related fees for the payment of…
RCW 47.10.905 Toll facility bond retirement account.
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The toll facility bond retirement account is created in the state treasury for the purpose of payment of the principal of and interest and premium on bonds. Both principal of and interest on the bonds issued for the purposes of chapter 498, Laws of 2009, chapter 377, Laws of 2011…
RCW 47.10.906 State finance committee authority—Department of transportation approval of actions—Bond owners' rights.
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The state finance committee may determine and include in any resolution authorizing the issuance of any bonds under chapter 498, Laws of 2009, chapter 377, Laws of 2011, and chapter 421, Laws of 2019, such terms, provisions, covenants, and conditions as it may deem appropriate in…
RCW 47.10.907 Definitions.
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(1) For the purposes of chapter 498, Laws of 2009, chapter 377, Laws of 2011, chapter 421, Laws of 2019, and chapter 400, Laws of 2025, "toll revenue" means all toll receipts, all interest income derived from the investment of toll receipts, and any gifts, grants, or other funds …
RCW 47.10.908 Definitions applicable to chapter 103, Laws of 2022.
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For the purposes of chapter 103, Laws of 2022, the following definitions apply:(1) "Highway bond act" means any of the following bond authorization acts that authorize the issuance of general obligation bonds of the state of Washington for highway purposes the principal of and in…
RCW 47.10.920 Bond issue authorized.
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(1) In order to provide funds necessary for the design, right-of-way, and construction of the Interstate 5 bridge replacement project as allowed in RCW 47.56.902 and 47.56.904, there shall be issued and sold upon the request of the department up to $2,500,000,000 of general oblig…
RCW 47.10.921 Administration and amount of sale.
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Upon the request of the department, the state finance committee shall supervise and provide for the issuance, sale, and retirement of bonds authorized by chapter 400, Laws of 2025 in accordance with chapter 39.42 RCW. Bonds authorized by chapter 400, Laws of 2025 shall be sold in…
RCW 47.10.922 Proceeds—Deposit and use.
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(1) The proceeds from the sale of bonds authorized in RCW 47.10.920(1) must be deposited in the Interstate 5 bridge replacement project account created in RCW 47.56.904.(2) The bond proceeds must be available only for the purposes enumerated in RCW 47.10.920, for payment of bond …
RCW 47.10.923 Statement of general obligation—Pledge of toll revenue and excise taxes and vehicle-related fees.
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Bonds issued under the authority of this section and RCW 47.10.920, 47.10.925, and 47.10.926 must distinctly state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal thereof and the int…
RCW 47.10.924 Toll revenue bonds.
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(1) If and to the extent that the state finance committee determines, in consultation with the department and the tolling authority, that it will be beneficial for the state to issue any bonds authorized in RCW 47.10.920, 47.10.923, 47.10.925, and 47.10.926 as toll revenue bonds …
RCW 47.10.925 Repayment procedure.
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(1) For bonds issued under the authority of this section and RCW 47.10.920, 47.10.923, and 47.10.926, the state treasurer shall first withdraw toll revenue from the Interstate 5 bridge replacement project account, and, to the extent toll revenue is not available, excise taxes on …
RCW 47.10.926 Equal charge against fuel excise taxes and vehicle-related fees.
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Bonds issued under the authority of RCW 47.10.920, 47.10.923, and 47.10.925 and this section and any other general obligation bonds of the state of Washington that have been or that may be authorized and that pledge excise taxes on fuel and vehicle-related fees for the payment of…
RCW 47.10.927 Interstate 5 bridge replacement project toll facility bond retirement account.
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The Interstate 5 bridge replacement project toll facility bond retirement account is created in the state treasury for the purpose of payment of the principal of and interest and premium on bonds issued for the purposes of chapter 400, Laws of 2025. Both principal of and interest…
RCW 47.10.928 State finance committee authority—Department of transportation approval of actions—Bond owners' rights.
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The state finance committee may determine and include in any resolution authorizing the issuance of any bonds under chapter 400, Laws of 2025 such terms, provisions, covenants, and conditions as it may deem appropriate in order to assist with the marketing and sale of the bonds, …