reglab/housing_qa huggingface dataset:
WA Rev Code § 39.36.050 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.36 - Limitation of Indebtedness of Taxing Districts.|39.36.050 - Ballot proposition authorizing indebtedness—Excess property tax levies.

RCW 39.36.050 Ballot proposition authorizing indebtedness—Excess property tax levies.The governing body of a taxing district desiring to place a ballot proposition authorizing indebtedness before the voters may submit the proposition at any special election held on the dates authorized in RCW 29A.04.330. The ballot proposition shall include the maximum amount of the indebtedness to be authorized, the maximum term any bonds may have, a description of the purpose or purposes of the bond issue, and whether excess property tax levies authorized under RCW 84.52.056 will be authorized.When it is required that such bonds be retired by excess property tax levies, or when the governing body desires such bonds be retired by excess property tax levies, the ballot proposition shall also include authorization for such excess bond retirement property tax levies provided under RCW 84.52.056.Notice of the proposed election shall be published as required by RCW 29A.52.355.[ 2015 c 53 § 69; 1984 c 186 § 3.]NOTES:Purpose—1984 c 186: See note following RCW 39.46.110.
WA Rev Code § 39.36.060 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.36 - Limitation of Indebtedness of Taxing Districts.|39.36.060 - Chapter not applicable to loan agreements under chapter 39.69 RCW.

RCW 39.36.060 Chapter not applicable to loan agreements under chapter 39.69 RCW.This chapter does not apply to a loan made pursuant to a loan agreement under chapter 39.69 RCW, and any computation of indebtedness under this chapter shall exclude the amount of any loan under such a loan agreement.[ 1987 c 19 § 5.]
WA Rev Code § 39.36.900 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.36 - Limitation of Indebtedness of Taxing Districts.|39.36.900 - Validation—1969 c 142.

RCW 39.36.900 Validation—1969 c 142.All bonds heretofore issued, or heretofore voted and which may have been or may hereafter be issued, by any taxing district pursuant to any of the foregoing sections as amended or for any of the purposes authorized by any of said sections are hereby validated.[ 1969 c 142 § 6.]
WA Rev Code § 39.40.010 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.40 - Vote Required at Bond Elections.|39.40.010 - Forty percent poll of voters required.

RCW 39.40.010 Forty percent poll of voters required.No general obligation bonds of any county, port district, or metropolitan park district upon which a vote of the people is required under existing laws shall be issued, nor shall they become a lien upon the taxable property within such county or district unless, in addition to all other requirements provided by law in the matter of the issuance of general obligation bonds by such county or district, the total vote cast upon such proposition shall exceed forty percent of the total number of voters voting in such county or district at the general county or state election next preceding such bond election.[ 1961 ex.s. c 15 § 1; 1959 c 290 § 3; 1925 c 13 § 1; RRS § 5646-1.]NOTES:Exceeding debt limitation by municipalities: State Constitution Art. 8 § 6 (Amendment 27).Vote required for excess levy to retire bonds issued for capital purposes: RCW 84.52.056.
WA Rev Code § 39.40.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.40 - Vote Required at Bond Elections.|39.40.020 - Existing election laws to apply.

RCW 39.40.020 Existing election laws to apply.In all such elections the provisions of existing law with respect to registration, opening and closing of registration books and the duties of officers and the appointment and selection of election officials shall apply.[ 1925 c 13 § 2; RRS § 5646-2.]NOTES:Election laws in general: Title 29A RCW.
WA Rev Code § 39.40.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.40 - Vote Required at Bond Elections.|39.40.030 - Certification of votes—Canvass.

RCW 39.40.030 Certification of votes—Canvass.The election officials in each of the precincts included within any such district shall, as soon as possible and in no case later than five days after the closing of the polls of any election involving the issuance of bonds, certify to the county auditor of the county within which such district is located the total number of votes cast for and against each separate proposal and the vote shall be canvassed and certified by a canvassing board consisting of the chair of the board of county commissioners, the county auditor, and the prosecuting attorney who shall declare the result thereof.[ 2011 c 336 § 806; 1959 c 290 § 4; 1925 c 13 § 3; RRS § 5646-3.]
WA Rev Code § 39.40.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.40 - Vote Required at Bond Elections.|39.40.040 - Prior bonds not affected.

RCW 39.40.040 Prior bonds not affected.This chapter shall not affect the validity or the issuance of any such bonds voted at any lawful election held prior to the taking effect of this chapter.[ 1925 c 13 § 4; RRS § 5646-4.]
WA Rev Code § 39.42.010 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.010 - Scope of application.

RCW 39.42.010 Scope of application.This chapter shall apply to all bonds, notes and other evidences of indebtedness of the state authorized by the legislature after *the effective date of this chapter, unless otherwise provided in the authorizing acts.[ 1971 ex.s. c 184 § 1.]NOTES:*Reviser's note: For "the effective date of this chapter," see RCW 39.42.900.
WA Rev Code § 39.42.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.020 - Evidences of indebtedness—Issuance—Signature.

RCW 39.42.020 Evidences of indebtedness—Issuance—Signature.Bonds, notes or other evidences of indebtedness shall be issued by the state finance committee. They may be issued at one time or in a series from time to time. The maturity date of each series shall be determined by the state finance committee, but in no case shall any bonds mature later than thirty years from the date of issue. All evidences of indebtedness shall be signed in the name of the state by the governor and the treasurer. The facsimile signature of said officials is authorized and said evidences of indebtedness may be issued notwithstanding that any of the officials signing them or whose facsimile signatures appear on such evidences of indebtedness has ceased to hold office at the time of issue or at the time of delivery to the purchaser.[ 1971 ex.s. c 184 § 2.]
WA Rev Code § 39.42.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.040 - Disposition of proceeds from sale of bonds.

RCW 39.42.040 Disposition of proceeds from sale of bonds.The proceeds of the sale of any bonds shall be used solely for the purposes, including any expense incurred in connection with the issuance and sale of such bonds, specified in the general statute or special act authorizing the issuance of such bonds.[ 1971 ex.s. c 184 § 4.]
WA Rev Code § 39.42.050 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.050 - Anticipation notes—Issued, when—Payment of principal and interest.

RCW 39.42.050 Anticipation notes—Issued, when—Payment of principal and interest.When the state finance committee has decided to issue such bonds or a portion thereof, it may, pending the issuing of such bonds, issue, in the name of the state, temporary notes in anticipation of the money to be derived from the sale of such bonds, which notes shall be designated as "anticipation notes". If, prior to the issuance of the bonds, it becomes necessary to redeem outstanding notes, additional bond anticipation notes may be issued to redeem the outstanding notes. Such portion of the proceeds of the sale of such bonds as may be required for such purpose shall be applied to the payment of the principal of such anticipation notes which have been issued. The interest on anticipation notes shall be paid from the revenue source and with the same priority of payment specified in the respective bond acts for payment of principal of and interest on the bonds against which anticipation notes are sold. The procedure for paying the interest on the notes, including the transfer of necessary funds for that purpose, shall be the same as prescribed for the bonds.If the bonds shall constitute general obligations of the state and pledge the full faith and credit of the state to the payment thereof, then the notes issued in anticipation thereof shall 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 interest thereon, and shall contain an unconditional promise to pay the principal and interest as the same shall become due. The owner and holder of any of the notes or the trustee for the owner and holder of any of the notes may, by a mandamus or other appropriate proceeding, require the transfer and payment of funds as directed in this section.[ 1981 c 29 § 1; 1971 ex.s. c 184 § 5.]NOTES:Application—1981 c 29: "This act shall apply to all outstanding bond anticipation notes of the state, and interest on the notes shall be paid as provided in RCW 39.42.050: PROVIDED, That in the event such interest is not paid as provided in RCW 39.42.050 it shall be paid from such source or sources as are specified in such notes." [ 1981 c 29 § 2.]
WA Rev Code § 39.42.080 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.080 - Obligations allowable under debt limitation.

RCW 39.42.080 Obligations allowable under debt limitation.The foregoing limitation on the aggregate amount of indebtedness of the state shall not prevent:(1) The issuance of obligations to refund or replace any such indebtedness existing at any time in an amount not exceeding 1.05 times the amount which, taking into account earnings from the investment of the proceeds of the issue, is required to pay the principal thereof, interest thereon, and any premium payable with respect thereto, and the costs incurred in accomplishing such refunding, as provided in chapter 39.53 RCW, as now or hereafter amended: PROVIDED, That any proceeds of the refunding, bonds in excess of those acquired to accomplish such refunding or any obligations acquired with such excess proceeds, shall be applied exclusively for the payment of principal, interest, or call premiums with respect to such refunding obligations;(2) The issuance of obligations in anticipation of revenues to be received by the state during a period of twelve calendar months next following their issuance;(3) The issuance of obligations payable solely from revenues of particular public improvements;(4) A pledge of the full faith, credit, and taxing power of the state to guarantee the payment of any obligation payable from any of revenues received from any of the following sources:(a) the fees collected by the state as license fees for motor vehicles;(b) excise taxes collected by the state on the sale, distribution, or use of motor vehicle fuel; and(c) interest on the permanent common school fund:PROVIDED, That the legislature shall, at all times, provide sufficient revenues from such sources to pay the principal and interest due on all obligations for which said source of revenue is pledged.[ 1974 ex.s. c 111 § 1; 1971 ex.s. c 184 § 8.]NOTES:Severability—1974 ex.s. c 111: "If any provision of this 1974 amendatory act, or its application to any person or circumstance is held invalid, the remainder of the act, or the application of the provision to other persons or circumstances is not affected." [ 1974 ex.s. c 111 § 6.]
WA Rev Code § 39.42.090 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.090 - Certificates of indebtedness—Issued, when—Retirement.

RCW 39.42.090 Certificates of indebtedness—Issued, when—Retirement.The state finance committee may issue certificates of indebtedness in such sum or sums that may be necessary to meet temporary deficiencies of the treasury. Such certificates may be issued only to provide for the appropriations already made by the legislature and such certificates must be retired and the debt discharged other than by refunding within twelve months after the date of issuance.For the purposes of this section, the state treasury shall include all statutorily established funds and accounts except for any of the permanent funds of the state treasury.[ 2007 c 215 § 3; 1985 c 57 § 21; 1971 ex.s. c 184 § 9.]NOTES:Finding—Intent—Contingent effective date—2007 c 215: See notes following RCW 39.42.070.Effective date—1985 c 57: See note following RCW 18.04.105.
WA Rev Code § 39.42.100 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.100 - Evidences of indebtedness—Defects not to affect validity—Copy of resolution authorizing issuance filed—Action to contest before delivery.

RCW 39.42.100 Evidences of indebtedness—Defects not to affect validity—Copy of resolution authorizing issuance filed—Action to contest before delivery.Bonds, notes, or other obligations issued and sold by the state of Washington pursuant to and in conformity with this chapter shall not be invalid for any irregularity or defect in the proceedings of the issuance or sale thereof, except as provided in this paragraph, and shall be incontestable in the hands of a bona fide purchaser or holder thereof. Whenever the state finance committee determines to issue bonds, notes or other evidences of indebtedness, it shall file with the treasurer a certified copy of the resolution authorizing their issuance at least thirty days prior to delivery to the purchaser of such bonds, notes, of other evidences of indebtedness. At any time prior to delivery, any person in interest shall have the right to institute an appropriate action or proceeding to contest the validity of the authorized indebtedness, the pledge of revenues for the payment of principal and interest on such indebtedness, the validity of the collection and disposition of revenue necessary to pay the principal and interest on such indebtedness, the expenditure of the proceeds derived from the sale of the evidences of indebtedness for the purposes specified by law, and the validity of all other provisions and proceedings in connection with the authorization and issuance of the evidences of indebtedness. If such action or proceeding shall not have been instituted prior to delivery, then the validity of the evidences of indebtedness shall be conclusively presumed and no court shall have authority to inquire into such matters.[ 1971 ex.s. c 184 § 10.]
WA Rev Code § 39.42.110 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.110 - Evidences of indebtedness—As negotiable instruments, legal investments, and security for deposits.

RCW 39.42.110 Evidences of indebtedness—As negotiable instruments, legal investments, and security for deposits.All evidences of indebtedness issued under the provisions of this chapter shall be fully negotiable instruments and shall be legal investment for all state funds or for funds under state control and all funds of municipal corporations, and shall be legal security for all state, county and municipal deposits.[ 1971 ex.s. c 184 § 11.]
WA Rev Code § 39.42.120 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.120 - Excess earnings account—Payments to United States treasury.

RCW 39.42.120 Excess earnings account—Payments to United States treasury.The excess earnings account is created in the state treasury. From the revenue funds from which principal and interest payments on bonds are provided, the state treasurer shall periodically transfer to the excess earnings account such amounts as are owed to the federal government under section 148 of the federal internal revenue code. Pursuant to legislative appropriation from the excess earnings account, the state treasurer shall periodically remit to the United States treasury any amounts owed to the federal government under section 148 of the federal internal revenue code.[ 1988 c 92 § 1.]
WA Rev Code § 39.42.130 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.130 - Aggregate state debt not to exceed debt limitation—State finance committee duties.

RCW 39.42.130 Aggregate state debt not to exceed debt limitation—State finance committee duties.(1) The state shall not contract any bonds, notes, or other evidences of indebtedness for borrowed money that would cause the aggregate state debt to exceed the debt limitation, as specified in Article VIII, section 1(b) of the state Constitution.(2) It shall be the duty of the state finance committee to compute annually the amount required to pay principal of and interest on outstanding debt.(3) To the extent necessary because of the state constitutional debt limitation, priorities with respect to the issuance or guaranteeing of bonds, notes, or other evidences of indebtedness by the state shall be determined by the state finance committee.[ 2009 c 500 § 2.]NOTES:Effective date—2009 c 500: See note following RCW 39.42.070.
WA Rev Code § 39.42.140 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.140 - Working debt limit.

RCW 39.42.140 Working debt limit.The state finance committee must recommend a working debt limit for purposes of budget development for various purpose capital bond appropriations. Nothing in this section shall in any manner affect the validity of indebtedness incurred in compliance with the provisions of Article VIII, section 1 of the state Constitution. The working debt limit must be updated periodically following forecasts of the economic and revenue forecast council. The governor and legislature must develop capital bond budgets within the most recent recommended working debt limit. The working debt limit must be lower than the state constitutional debt limit in order to reserve capacity under the constitutional limit for emergencies and economic uncertainties. In order to begin to accomplish the objectives of stabilizing debt capacity and reducing the debt service burden on the operating budget, the state finance committee must recommend working debt limits of eight and one-half percent from July 1, 2015, to and including June 30, 2017; eight and one-quarter percent from July 1, 2017, to and including June 30, 2019; eight percent from July 1, 2019, to and including June 30, 2021; seven and three-quarters percent from July 1, 2021, and thereafter. The state finance committee may recommend modified working debt limits in response to extraordinary economic conditions. The state finance committee is authorized to reduce or delay the issuance of bonds if an issuance would result in exceeding the recommended working debt limit.[ 2011 1st sp.s. c 46 § 3.]NOTES:Intent—2011 1st sp.s. c 46: "The legislature intends to examine the various kinds of debt incurred by Washington state and the limitations that control the amount and use of debt. To assist in this examination, the legislature seeks the assistance and recommendations of a commission on state debt." [ 2011 1st sp.s. c 46 § 1.]
WA Rev Code § 39.42.150 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.150 - Liquefied natural gas used as marine vessel transportation fuel—Excluded from general state revenues.

RCW 39.42.150 Liquefied natural gas used as marine vessel transportation fuel—Excluded from general state revenues. (Expires July 1, 2028.)(1) The purpose of eliminating a portion of the sales tax exemption under RCW 82.08.0261 for liquefied natural gas sold for use as a marine vessel transportation fuel is to support the Washington state ferries and other state highway system needs. For this reason, general state revenues transferred under RCW 82.32.860 to the motor vehicle fund are excluded from the calculation of general state revenues for purposes of Article VIII, section 1 of the state Constitution and RCW 39.42.130 and 39.42.140.(2) This section expires July 1, 2028.[ 2014 c 216 § 408.]NOTES:Effective date—Findings—Tax preference performance statement—2014 c 216: See notes following RCW 82.38.030.
WA Rev Code § 39.42.900 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.|39.42.900 - Effective date—1971 ex.s. c 184.

RCW 39.42.900 Effective date—1971 ex.s. c 184.This act shall become effective coincident with the effective date of the constitutional amendment to Article VIII, section 1 and to Article VIII, section 3 of the Washington state Constitution as presented for a vote of the people by HJR 52, 1971 regular session. Unless such constitutional amendment shall be approved by the people at the next general election, this chapter shall be null and void.[ 1971 ex.s. c 184 § 12.]NOTES:Reviser's note: House Joint Resolution No. 52 was approved by the voters at the November 1972 general election.
WA Rev Code § 39.44.070 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.44 - Bonds—Miscellaneous Provisions, Bond Information Reporting.|39.44.070 - Life of bonds.

RCW 39.44.070 Life of bonds.Notwithstanding the provisions of any charter to the contrary, bonds issued under *RCW 39.44.010 through 39.44.080 may be issued to run for a period up to forty years from the date of the issue and shall, as near as practicable, be issued for a period which shall not exceed the life of the improvement to be acquired by the use of the bonds.[ 1967 c 107 § 5; 1923 c 151 § 5; RRS § 5583-5.]NOTES:*Reviser's note: RCW 39.44.010, 39.44.011, 39.44.020, 39.44.030, 39.44.060, and 39.44.080 were repealed by 1984 c 186 § 70.