SB 5293 — Improving the fiscal process by updating accounts administered by the office of financial management, creating new accounts including one for the opioid litigation settlement and one for the receipt of federal funds, and reenacting accounts created in the supplemental budget bill.

Expenditures from the account may be used for programs and incentives that promote the purchase or conversion to alternativep. fuel vehicles to further state climate goals under RCW 70A.45.020 and environmental justice goals under 70A.02 RCW, including but not limited to:

6 SB 5293 alternative fuel vehicles to further state climate goals under RCW 70A.45.020 and environmental justice goals under 70A.02 RCW, including but not limited to:

p.(2) Programs to provide grants for the installation of electric vehicle infrastructure to support electric vehicle adoption;

6 ESSB 5293 (2) Programs to provide grants for the installation of electric vehicle infrastructure to support electric vehicle adoption;

RCW 82.25.015 and 2019 c 445 s 103 are each amended to read as follows:

The foundational public health services account is created in the state treasury.

Half of all of the moneys collected from the tax imposed on vapor products under RCW 66.44.010 must be deposited into the account.

Moneys in the account may be spent only after appropriation.

Moneys in the account are to be used ((for the following purposes:

(1) To)) to fund foundational health services.

((In the 2019-2021 biennium, at least twelve million dollars of the funds deposited into the account must be appropriated for this purpose.

Beginning in the 2021-2023 biennium, fifty percent of the funds deposited into the account, but not less than twelve million dollars each biennium, are to be used for this purpose;

(2) To fund tobacco, vapor product, and nicotine control and prevention, and other substance use prevention and education.

Beginning in the 2021-2023 biennium, seventeen percent of the funds deposited into the account are to be used for this purpose;

(3) To support increased access and training of public health professionals at public health programs at accredited public institutions of higher education in Washington.

Beginning in the 2021-2023 biennium, five percent of the funds deposited into the account are to be used for this purpose;

(4) To fund enforcement by the state liquor and cannabis board of the provisions of this chapter to prevent sales of vapor products to minors and related provisions for control of marketing and product safety, provided that no more than eight percent of the funds deposited into the account may be appropriated for these enforcement purposes.)) Sec.

10.

RCW 41.05.120 and 2018 c 260 s 25 are each amended to read as follows:

(1) The public employees' and retirees' insurance account is hereby established in the custody of the state treasurer, to be used by the director for the deposit of contributions, the remittance paid p.

7 ESSB 5293 by school districts and educational service districts under RCW 28A.400.410, reserves, dividends, and refunds, for payment of premiums and claims for employee and retiree insurance benefit contracts and subsidy amounts provided under RCW 41.05.085, and transfers from the flexible spending administrative account as authorized in RCW 41.05.123.

Moneys from the account shall be disbursed by the state treasurer by warrants on vouchers duly authorized by the director.

Moneys from the account may be transferred to the flexible spending administrative account to provide reserves and start-up costs for the operation of the flexible spending administrative account program.

(2) The state treasurer and the state investment board may invest moneys in the public employees' and retirees' insurance account.

All such investments shall be in accordance with RCW 43.84.080 or 43.84.150, whichever is applicable.

The director shall determine whether the state treasurer or the state investment board or both shall invest moneys in the public employees' and retirees' insurance account.

(3) The school employees' insurance account is hereby established in the custody of the state treasurer, to be used by the director for the deposit of contributions, reserves, dividends, and refunds, for payment of premiums and claims for school employee insurance benefit contracts, and for transfers from the school employees' benefits board flexible spending and dependent care administrative account as authorized in this subsection.

Moneys from the account shall be disbursed by the state treasurer by warrants on vouchers duly authorized by the director.

Moneys from the account may be transferred to the school employees' benefits board flexible spending and dependent care administrative account to provide reserves and start-up costs for the operation of the school employees' benefits board flexible spending arrangement and dependent care assistance program.

(4) The state treasurer and the state investment board may invest moneys in the school employees' insurance account.

These investments must be in accordance with RCW 43.84.080 or 43.84.150, whichever is applicable.

The director shall determine whether the state treasurer or the state investment board or both shall invest moneys in the school employees' insurance account.

p.

8 ESSB 5293 (5) Moneys may be transferred between the public employees' and retirees' insurance account and the school employees' insurance account for short-term cash management and cash balance purposes.

Sec.

11.

RCW 28A.505.130 and 1983 c 59 s 9 are each amended to read as follows:

For each fund contained in the school district budget the estimated expenditures for the budgeted fiscal year must not be greater than the total of the estimated revenues for the budgeted fiscal year, the estimated fund balance at the beginning of the budgeted fiscal year less the estimated reserve fund balance at the end of the budgeted fiscal year, and the projected revenue from receivables collectible on future years as approved by the superintendent of public instruction for inclusion in the budget.

The proceeds of any interfund loan must not be used to balance the budget of the borrowing fund, except in fiscal year 2024 when such loans may be used to address budget destabilization in the aftermath of the COVID-19 pandemic.

Interfund loans in fiscal year 2024 may be for a duration of two years.

Sec.

12.

RCW 70A.65.250 and 2022 c 253 s 2 are each amended to read as follows:

(1)(a) The climate investment account is created in the state treasury.

Except as otherwise provided in chapter 316, Laws of 2021, all receipts from the auction of allowances authorized in this chapter must be deposited into the account.

Moneys in the account may be spent only after appropriation.

(b) Projects or activities funded from the account must meet high labor standards, including family sustaining wages, providing benefits including health care and employer-contributed retirement plans, career development opportunities, and maximize access to economic benefits from such projects for local workers and diverse businesses.

Each contracting entity's proposal must be reviewed for equity and opportunity improvement efforts, including:

(i) Employer paid sick leave programs;

(ii) pay practices in relation to living wage indicators such as the federal poverty level;

(iii) efforts to evaluate pay equity based on gender identity, race, and other protected status under Washington law;

(iv) facilitating career development opportunities, such as apprenticeship programs, internships, job-shadowing, and on-the-job training;

and (v) p.

9 ESSB 5293 employment assistance and employment barriers for justice affected individuals.

(2) Moneys in the account may be used only for projects and programs that achieve the purposes of the greenhouse gas emissions cap and invest program established under this chapter and for tribal capacity grants under RCW 70A.65.305.

Moneys in the account as described in this subsection must first be appropriated for the administration of the requirements of this chapter, in an amount not to exceed five percent of the total receipt of funds from allowance auction proceeds under this chapter.

Beginning July 1, ((2024)) 2023, and annually thereafter, the state treasurer shall distribute funds in the account that exceed the amounts appropriated for the purposes of this subsection (2) as follows:

(a) Seventy-five percent of the moneys to the climate commitment account created in RCW 70A.65.260;

and (b) Twenty-five percent of the moneys to the natural climate solutions account created in RCW 70A.65.270.

(3) The allocations specified in subsection (2)(a) and (b) of this section must be reviewed by the legislature on a biennial basis based on the changing needs of the state in meeting its clean economy and greenhouse gas reduction goals in a timely, economically advantageous, and equitable manner.

Sec.

13.

The office of financial management may direct transfers of funds between accounts as deemed necessary to p.implement the provisions of the cash management improvement act, and this subsection.

10 ESSB 5293 implement the provisions of the cash management improvement act, and this subsection.

(4)p. Monthly, the state treasurer shall distribute the earnings credited to the treasury income account.

7 SB 5293 (4) Monthly, the state treasurer shall distribute the earnings credited to the treasury income account.

The abandoned recreational vehicle disposal account, the aeronautics account, the Alaskan Way viaduct replacement project account, the ambulance transport fund, the brownfield redevelopment trust fund account, the budget stabilization account, the capital vessel replacement account, the capitol building construction account, the Central Washington University capital projects account, the charitable, educational, penal and reformatory institutions account, the Chehalis basin account, the Chehalis basin taxable account, the cleanup settlement account, the climate active transportation account, the climate transit programs account, the Columbia river basin water supply development account, the Columbia river basin taxable bond water supply development account, the Columbia river basin water supply revenue recovery account, the common school construction fund, the community forest trust account, the connecting Washington account, the county arterial preservation account, the county criminal justice assistance account, the deferred compensation administrative account, the deferred compensation principal account, the department of licensing services account, the department of retirement systems expense account, the developmental disabilities community services account, the diesel idle reduction account, the distributor opioid abatement settlement account, the drinking water assistance account, the administrative subaccount of the drinking water assistance account, the early learning facilities development account, the early learning facilities revolving account, the Eastern Washington University capital projects account, the education construction fund, the education legacy trust account, the election account, the electric vehicle account, the energy freedom account, the energy recovery act account, the essential rail assistance account, The Evergreen State College capital projects account, the fair start for kids account, the ferry bond retirement fund, the fish, wildlife, and conservation account, the freight mobility investment account, the freight mobility multimodal account, the grade crossing protective fund, the public health services account, the state higher education p.

118 ESSBSB 5293 settlement account, the drinking water assistance account, the administrative subaccount of the drinking water assistance account, the early learning facilities development account, the early learning facilities revolving account, the Eastern Washington University capital projects account, the education construction fund, the education legacy trust account, the election account, the electric vehicle account, the energy freedom account, the energy recovery act account, the essential rail assistance account, The Evergreen State College capital projects account, the fair start for kids account, the ferry bond retirement fund, the fish, wildlife, and conservation account, the freight mobility investment account, the freight mobility multimodal account, the grade crossing protective fund, the public health services account, the state higher education construction account, the higher education construction account, the higher education retirement plan supplemental benefit fund, the highway bond retirement fund, the highway infrastructure account, the highway safety fund, the hospital safety net assessment fund, the Interstate 405 and state route number 167 express toll lanes account, the judges' retirement account, the judicial retirement administrative account, the judicial retirement principal account, the limited fish and wildlife account, the local leasehold excise tax account, the local real estate excise tax account, the local sales and use tax account, the marine resources stewardship trust account, the medical aid account, the money-purchase retirement savings administrative account, the money-purchase retirement savings principal account, the motor vehicle fund, the motorcycle safety education account, the move ahead WA account, the move ahead WA flexible account, the multimodal transportation account, the multiuse roadway safety account, the municipal criminal justice assistance account, the oyster reserve land account, the pension funding stabilization account, the perpetual surveillance and maintenance account, the pilotage account, the pollution liability insurance agency underground storage tank revolving account, the public employees' retirement system plan 1 account, the public employees' retirement system combined plan 2 and plan 3 account, the public facilities construction loan revolving account, the public health supplemental account, the public works assistance account, the Puget Sound capital construction account, the Puget Sound ferry operations account, the Puget Sound Gateway facility account, the Puget Sound taxpayer accountability account, the real estate appraiser commission account, the recreational vehicle account, the regional mobility grant program account, the resource management cost account, the rural arterial trust account, the rural mobility grant program account, the rural Washington loan fund, the sexual assault prevention and response account, the site closure account, the skilled nursing facility safety net trust fund, the small city pavement and sidewalk account, the special category C account, the special wildlife account, the state hazard mitigation revolving loan account, the state investment board expense account, the state investment board commingled trust fund accounts, the state patrol highway account, the state reclamation revolving account, the state route number 520 civil penalties account, the state route number 520 corridor account, the statewide broadband account, the statewide p.

129 ESSBSB 5293 account, the recreational vehicle account, the regional mobility grant program account, the resource management cost account, the rural arterial trust account, the rural mobility grant program account, the rural Washington loan fund, the sexual assault prevention and response account, the site closure account, the skilled nursing facility safety net trust fund, the small city pavement and sidewalk account, the special category C account, the special wildlife account, the state hazard mitigation revolving loan account, the state investment board expense account, the state investment board commingled trust fund accounts, the state patrol highway account, the state reclamation revolving account, the state route number 520 civil penalties account, the state route number 520 corridor account, the statewide broadband account, the statewide tourism marketing account, the supplemental pension account, the Tacoma Narrows toll bridge account, the teachers' retirement system plan 1 account, the teachers' retirement system combined plan 2 and plan 3 account, the tobacco prevention and control account, the tobacco settlement account, the toll facility bond retirement account, the transportation 2003 account (nickel account), the transportation equipment fund, the transportation future funding program account, the transportation improvement account, the transportation improvement board bond retirement account, the transportation infrastructure account, the transportation partnership account, the traumatic brain injury account, the University of Washington bond retirement fund, the University of Washington building account, the voluntary cleanup account, the volunteer firefighters' and reserve officers' relief and pension principal fund, the volunteer firefighters' and reserve officers' administrative fund, the vulnerable roadway user education account, the Washington judicial retirement system account, the Washington law enforcement officers' and firefighters' system plan 1 retirement account, the Washington law enforcement officers' and firefighters' system plan 2 retirement account, the Washington public safety employees' plan 2 retirement account, the Washington school employees' retirement system combined plan 2 and 3 account, the Washington state patrol retirement account, the Washington State University building account, the Washington State University bond retirement fund, the water pollution control revolving administration account, the water pollution control revolving fund, the Western Washington University capital projects account, the Yakima integrated p.plan implementation account, the Yakima integrated plan implementation revenue recovery account, and the Yakima integrated plan implementation taxable bond account.

13 ESSB 5293 plan implementation account, the Yakima integrated plan implementation revenue recovery account, and the Yakima integrated plan implementation taxable bond account.

(5)p. In conformance with Article II, section 37 of the state Constitution, no treasury accounts or funds shall be allocated earnings without the specific affirmative directive of this section.

10 SB 5293 (5) In conformance with Article II, section 37 of the state Constitution, no treasury accounts or funds shall be allocated earnings without the specific affirmative directive of this section.

14.10.

(3) Except for the provisions of RCW 43.84.160, the treasury income account may be utilized for the payment of purchased banking p.services on behalf of treasury funds including, but not limited to, depository, safekeeping, and disbursement functions for the state treasury and affected state agencies.

14 ESSB 5293 services on behalf of treasury funds including, but not limited to, depository, safekeeping, and disbursement functions for the state treasury and affected state agencies.

(a) The following accounts and funds shall receive their proportionate share of earnings based upon each account's and fund's averagep. daily balance for the period:

The11 abandonedSB recreational5293 vehicleaverage disposaldaily account,balance thefor aeronautics account, the Alaskanperiod: Way viaduct replacement project account, the brownfield redevelopment trust fund account, the budget stabilization account, the capital vessel replacement account, the capitol building construction account, the Central Washington University capital projects account, the charitable, educational, penal and reformatory institutions account, the Chehalis basin account, the Chehalis basin taxable account, the cleanup settlement account, the climate active transportation account, the climate transit programs account, the Columbia river basin water supply development account, the Columbia river basin taxable bond water supply development account, the Columbia river basin water supply revenue recovery account, the common school construction fund, the community forest trust account, the connecting Washington account, the county arterial preservation account, the county criminal justice assistance account, the deferred compensation administrative account, the deferred compensation principal account, the department of licensing services account, the department of retirement systems expense account, the developmental disabilities community services account, the diesel idle reduction account, the opioid abatement settlement account, the drinking water assistance account, the administrative subaccount of the drinking water assistance account, the early learning facilities development account, the early learning facilities revolving account, the Eastern Washington University capital projects account, the education construction fund, the education legacy trust account, the election account, the electric vehicle account, the energy freedom account, p.

15The ESSBabandoned 5293recreational thevehicle energydisposal recovery act account, the essentialaeronautics rail assistance account, Thethe EvergreenAlaskan StateWay Collegeviaduct capitalreplacement projectsproject account, the fairbrownfield startredevelopment fortrust kidsfund account, the ferrybudget bondstabilization retirementaccount, fund, the fish,capital wildlife,vessel andreplacement conservation account, the freightcapitol mobilitybuilding investmentconstruction account, the freightCentral mobilityWashington multimodalUniversity capital projects account, the gradecharitable, crossingeducational, protectivepenal fund,and thereformatory publicinstitutions health services account, the stateChehalis higherbasin education construction account, the higherChehalis educationbasin constructiontaxable account, the highercleanup educationsettlement retirementaccount, plan supplemental benefit fund, the highwayclimate bondactive retirementtransportation fund,account, the highwayclimate infrastructuretransit programs account, the highwayColumbia safetyriver fund,basin thewater hospitalsupply safetydevelopment netaccount, assessment fund, the InterstateColumbia 405river andbasin statetaxable routebond numberwater 167supply expressdevelopment toll lanes account, the judges'Columbia retirementriver account,basin thewater judicialsupply retirementrevenue administrativerecovery account, the judicialcommon retirementschool principalconstruction account,fund, the limitedcommunity fishforest andtrust wildlife account, the localconnecting leaseholdWashington excise tax account, the localcounty realarterial estatepreservation excise tax account, the localcounty salescriminal andjustice useassistance tax account, the marinedeferred resourcescompensation stewardshipadministrative trust account, the medicaldeferred aidcompensation principal account, the money-department purchaseof retirementlicensing savingsservices administrative account, the money-department purchaseof retirement savingssystems principalexpense account, the motordevelopmental vehicledisabilities fund,community theservices motorcycle safety education account, the movediesel aheadidle WAreduction account, the movedistributor aheadopioid WAabatement flexiblesettlement account, the multimodaldrinking transportationwater assistance account, the multiuseadministrative roadwaysubaccount safetyof account, the municipaldrinking criminalwater justice assistance account, the oysterearly reservelearning landfacilities development account, the pensionearly fundinglearning stabilizationfacilities revolving account, the perpetualEastern surveillanceWashington andUniversity maintenancecapital projects account, the pilotageeducation account,construction fund, the pollutioneducation liabilitylegacy insurancetrust agencyaccount, undergroundthe storageelection tank revolving account, the publicelectric employees'vehicle retirementaccount, systemthe planenergy 1freedom account, the publicenergy employees'recovery retirementact systemaccount, combinedthe planessential 2rail andassistance plan 3 account, theThe publicEvergreen facilitiesState constructionCollege loancapital revolvingprojects account, the publicfair healthstart supplementalfor kids account, the publicferry worksbond assistanceretirement account,fund, the Pugetfish, Soundwildlife, capitaland constructionconservation account, the Pugetfreight Soundmobility ferryinvestment operations account, the Pugetfreight Soundmobility Gatewaymultimodal facility account, the Pugetgrade Soundcrossing taxpayerprotective accountabilityfund, account, the realpublic estatehealth appraiserservices commission account, the recreationalstate vehiclehigher education construction account, the regionalhigher mobilityeducation grantconstruction program account, the resourcehigher managementeducation costretirement account,plan thesupplemental ruralbenefit arterialfund, trustthe account,highway thebond ruralretirement mobilityfund, grantthe programhighway infrastructure account, the ruralhighway Washingtonsafety loan fund, the sexualhospital assaultsafety preventionnet andassessment responsefund, account, the siteInterstate closure405 account,and thestate skilledroute nursingnumber facility167 safetyexpress nettoll trustlanes fund,account, the smalljudges' cityretirement pavementaccount, andthe sidewalkjudicial retirement administrative account, the specialjudicial categoryretirement C p.

1612 ESSBSB 5293 principal account, the speciallimited fish and wildlife account, the statelocal hazardleasehold mitigationexcise revolvingtax loan account, the statelocal investmentreal boardestate expenseexcise tax account, the statelocal investmentsales boardand commingleduse tax account, the marine resources stewardship trust fundaccount, accounts,the medical aid account, the statemoney- patrolpurchase highwayretirement savings administrative account, the statemoney- reclamationpurchase revolvingretirement savings principal account, the statemotor routevehicle numberfund, 520the civilmotorcycle penaltiessafety education account, the statemove routeahead numberWA 520account, corridorthe move ahead WA flexible account, the statewidemultimodal broadbandtransportation account, the statewidemultiuse tourismroadway marketingsafety account, the supplementalmunicipal criminal justice assistance account, the oyster reserve land account, the pension funding stabilization account, the Tacomaperpetual Narrowssurveillance tolland bridgemaintenance account, the teachers'pilotage account, the pollution liability insurance agency underground storage tank revolving account, the public employees' retirement system plan 1 account, the teachers'public employees' retirement system combined plan 2 and plan 3 account, the tobaccopublic preventionfacilities andconstruction controlloan revolving account, the tobaccopublic settlementhealth supplemental account, the tollpublic facilityworks bondassistance retirement account, the transportationPuget 2003Sound accountcapital (nickelconstruction account),account, the transportationPuget equipmentSound fund,ferry operations account, the transportationPuget futureSound fundingGateway programfacility account, the transportationPuget improvementSound taxpayer accountability account, the transportationreal improvementestate boardappraiser bondcommission retirement account, the transportationrecreational infrastructurevehicle account, the transportationregional partnershipmobility grant program account, the traumaticresource brainmanagement injurycost account, the Universityrural ofarterial Washingtontrust bondaccount, retirement fund, the Universityrural ofmobility Washingtongrant buildingprogram account, the voluntaryrural cleanupWashington account,loan fund, the volunteersexual firefighters'assault prevention and reserveresponse officers'account, reliefthe andsite pensionclosure principalaccount, fund, the volunteerskilled firefighters'nursing andfacility reservesafety officers'net administrativetrust fund, the vulnerablesmall roadwaycity userpavement educationand sidewalk account, the Washingtonspecial judicialcategory retirementC systemaccount, the special wildlife account, the Washingtonstate lawhazard enforcementmitigation officers'revolving andloan firefighters'account, systemthe planstate 1investment retirementboard expense account, the Washingtonstate lawinvestment enforcementboard officers'commingled andtrust firefighters'fund systemaccounts, planthe 2state retirementpatrol highway account, the Washingtonstate publicreclamation safetyrevolving employees'account, planthe 2state retirementroute number 520 civil penalties account, the Washingtonstate schoolroute employees'number retirement520 systemcorridor combinedaccount, planthe 2statewide andbroadband 3 account, the Washingtonstatewide statetourism patrolmarketing retirement account, the Washingtonsupplemental Statepension University building account, the WashingtonTacoma StateNarrows Universitytoll bondbridge retirementaccount, fund, the waterteachers' pollutionretirement controlsystem revolvingplan administration1 account, the waterteachers' pollutionretirement controlsystem revolvingcombined fund,plan the2 Westernand Washingtonplan University3 capital projects account, the Yakimatobacco integratedprevention planand implementationcontrol account, the Yakimatobacco integratedsettlement planaccount, implementationthe revenuetoll recoveryfacility account,bond andretirement account, the Yakimatransportation integrated2003 planaccount implementation(nickel taxableaccount), bondthe account.transportation equipment fund, the transportation p.

13 SB 5293 future funding program account, the transportation improvement account, the transportation improvement board bond retirement account, the transportation infrastructure account, the transportation partnership account, the traumatic brain injury account, the University of Washington bond retirement fund, the University of Washington building account, the voluntary cleanup account, the volunteer firefighters' and reserve officers' relief and pension principal fund, the volunteer firefighters' and reserve officers' administrative fund, the vulnerable roadway user education account, the Washington judicial retirement system account, the Washington law enforcement officers' and firefighters' system plan 1 retirement account, the Washington law enforcement officers' and firefighters' system plan 2 retirement account, the Washington public safety employees' plan 2 retirement account, the Washington school employees' retirement system combined plan 2 and 3 account, the Washington state patrol retirement account, the Washington State University building account, the Washington State University bond retirement fund, the water pollution control revolving administration account, the water pollution control revolving fund, the Western Washington University capital projects account, the Yakima integrated plan implementation account, the Yakima integrated plan implementation revenue recovery account, and the Yakima integrated plan implementation taxable bond account.

p.(b) Any state agency that has independent authority over accounts or funds not statutorily required to be held in the state treasury that deposits funds into a fund or account in the state treasury pursuant to an agreement with the office of the state treasurer shall receive its proportionate share of earnings based upon each account's or fund's average daily balance for the period.

17 ESSB 5293 (b) Any state agency that has independent authority over accounts or funds not statutorily required to be held in the state treasury that deposits funds into a fund or account in the state treasury pursuant to an agreement with the office of the state treasurer shall receive its proportionate share of earnings based upon each account's or fund's average daily balance for the period.

15.11.

Except for section 1410 of this act, this act is necessary for the immediate preservation of the public peace, health,p. or safety, or support of the state government and its existing public institutions, and takes effect July 1, 2023.

14 SB 5293 health, or safety, or support of the state government and its existing public institutions, and takes effect July 1, 2023.

16.12.

Section 139 of this act expires July 1, 2024.

17.13.

Section 1410 of this act takes effect July 1, 2024.

1815 ESSBSB 5293