RCW 82.87.030 — Distribution of revenues

*** CHANGE IN 2026 *** (SEE 5998-S.SL ) *** (1) All taxes, interest, and penalties collected under this chapter shall be distributed as follows: (a) The first $500,000,000 collected each fiscal year shall be deposited into the education legacy trust account created in RCW 83.100.230 ; and (b) Any remainder collected each fiscal year shall be deposited into the common school construction account [fund]. (2) The amounts specified under subsection (1)(a) of this section shall be adjusted annually as provided under RCW 82.87.150 . [ 2021 c 196 s 2 .] Notes: Automatic expiration date and tax preference performance statement exemption — 2021 c 196: See note following RCW 82.87.010 .