RCW 35.33.131
Funds received from sale of bonds and warrants—Expenditure program—Federal tax law.
Moneys received from the sale of bonds or warrants must be used for no other purpose than that for which they were issued. If any unexpended fund balance remains from the proceeds realized from the bonds or warrants after the accomplishment of the purpose for which they were issued it must be used for the payment of principal of or interest on such indebtedness consistent with applicable provisions of federal tax law. Where a budget contains an expenditure program to be partially or wholly financed from a bond issue to be authorized thereafter, expenditures of amounts anticipated to be reimbursed from the proceeds of the issuance and sale of such bonds must be made or incurred consistent with any applicable federal tax law requirements.
[ 2011 c 210 § 2; 1969 ex.s. c 95 § 19.]
NOTES:
Application to previously issued bonds—2011 c 210: See note following RCW 39.46.040.
Structure Revised Code of Washington
35.33.020 - Applicability of chapter.
35.33.041 - Budget estimates—Classification and segregation.
35.33.051 - Budget—Preliminary.
35.33.055 - Budget—Preliminary—Filing—Copies.
35.33.057 - Budget message—Hearings.
35.33.061 - Budget—Notice of hearing on final.
35.33.071 - Budget—Final—Hearing.
35.33.075 - Budget—Final—Adoption—Appropriations.
35.33.081 - Emergency expenditures—Nondebatable emergencies.
35.33.091 - Emergency expenditures—Other emergencies—Hearing.
35.33.101 - Emergency warrants.
35.33.106 - Registered warrants—Payment.
35.33.107 - Adjustment of wages, hours, and conditions of employment.
35.33.111 - Forms—Accounting—Supervision by state.
35.33.121 - Funds—Limitations on expenditures—Transfers.
35.33.125 - Liabilities incurred in excess of budget.
35.33.131 - Funds received from sale of bonds and warrants—Expenditure program—Federal tax law.
35.33.135 - Revenue estimates—Amount to be raised by ad valorem taxes.
35.33.141 - Report of expenditures and liabilities against budget appropriations.
35.33.145 - Contingency fund—Creation—Purpose—Support—Lapse.
35.33.147 - Contingency fund—Withdrawals.