State Treasurer’s duties under I-601
OLYMPIA, WA —The transcript of Snohomish County Superior Court Judge James Allendoerfer's oral ruling reducing the state's 2005-07 I-601 spending limit by $250 million was released by the Court yesterday. In response to the judge's ruling, the Evergreen Freedom Foundation sent a letter to the State Treasurer today reading in-part:
"State law prohibits the Treasurer from issuing checks in excess of the spending limit and requires quarterly deposits into the protected emergency reserve account if revenues exceed the limit," said Jason Mercier, senior budget analyst for the Evergreen Freedom Foundation. "Although the state is appealing the ruling, the Treasurer should have a plan to retroactively comply with his duties under I-601."
(2) Except pursuant to a declaration of emergency under RCW 43.135.035 or pursuant to an appropriation under RCW 43.135.045(4)(b), the state treasurer shall not issue or redeem any check, warrant, or voucher that will result in a state general fund expenditure for any fiscal year in excess of the state expenditure limit established under this chapter. A violation of this subsection constitutes a violation of RCW 43.88.290 and shall subject the state treasurer to the penalties provided in RCW 43.88.300.
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