Code · Washington · Title 82 — Excise Taxes · Chapter 82.87

RCW 82.87.030

111 words·~1 min read·/wa/title-82/chapter-82-87/82-87-030

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

*** 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 .