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Legislation watch
2015 Senate Bill 5989: Authorizing bonds for transportation funding
Introduced by Sen. Curtis King (Yakima) (R) on February 16, 2015
For Bill Information, please click HERE. Official Text and Analysis.
Referred to the Senate Transportation Committee on February 16, 2015
Amendment offered in the Senate on February 23, 2015
Authorizes the sale of
$4.285 billion of general obligation bonds for transportation safety and improvement
projects. The bonds are backed by the motor fuel tax, vehicle-related fees used for highway
purposes, and the full faith and credit of the state.
Referred to the Senate Rules Committee on February 24, 2015
Amendment offered by Sen. Curtis King (Yakima) (R) on June 29, 2015
Defines "vehicle-related fees," for the purposes ofpledging the repayment of principal and interest on bonds issued topay for connecting Washington transportation projects, as vehicle-related fees imposed under Title 46 RCW that constitute license feesfor motor vehicles required to be used for highway purposes. Makesadditional technical changes.
The amendment passed by voice vote in the Senate on June 29, 2015
Received in the House on June 29, 2015
Signed by Gov. Jay Inslee on July 15, 2015