SHB 1103 — Avoiding interest arbitrage charges on bond proceeds in the capital vessel replacement account.

What this bill does

Eliminates transfers of $45.5 million in bond proceeds and $1.5 million for debt service payments during the 2021-2023 fiscal biennium from the Transportation Partnership Account to the Capital Vessel Replacement Account. Adds a transfer of $35.5 million in previously issued bond proceeds from the Capital Vessel Replacement Account to the Transportation Partnership Account, effective during the 2021-23 fiscal biennium.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

• House — 3rd Reading & Final Passage · February 1, 2023
  97 yea · 0 nay · 1 not voting
• Senate — 3rd Reading & Final Passage · February 8, 2023
  49 yea · 0 nay

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Other bills sponsored by Fey

• SHB 1084 — Concerning freight mobility prioritization.
• ESHB 1125 — Making transportation appropriations for the 2021-2023 fiscal biennium and the 2023-2025 fiscal biennium. (REVISED FOR PASSED LEGISLATURE: Making transportation appropriations for the 2021-2023 and 2023-2025 fiscal biennia.)
• SHB 1163 — Exempting certain leasehold interests in arenas with a seating capacity of more than 2,000 from the leasehold excise tax.
• SHB 1620 — Concerning the number of inhabitants required for incorporation as a city or town.
• HB 1622 — Supporting the needs of students experiencing homelessness.