There is created in the state treasury a public service revolving fund. Regulatory fees payable by all types of public service companies shall be deposited to the credit of the public service revolving fund. Except for expenses payable out of the pipeline safety account, all expense of operation of the Washington utilities and transportation commission shall be payable out of the public service revolving fund. During the 2025-2027 fiscal biennium, moneys in the account may also be transferred into the state general fund. During the 2023-2025 fiscal biennium, the legislature may direct the state treasurer to transfer money in the public service revolving fund to the state general fund.

Reviser's note: This section was amended by 2025 c 424 s 989 and by 2025 c 424 s 1913, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).

Effective date—2025 c 424: See note following RCW 9.46.100.

Effective date—2010 1st sp.s. c 37: See note following RCW 13.06.050.

Effective date—2006 c 3: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [January 12, 2006]." [ 2006 c 3 s 3.]

Severability—Effective date—2003 1st sp.s. c 25: See notes following RCW 19.28.351.

Severability—Effective date—2002 c 371: See notes following RCW 9.46.100.

Intent—Finding—Effective date—2001 c 238: See notes following RCW 80.24.060.