Establishes the Washington Saves Administrative Trust Account for administrative and treasury purposes.

The bill creates the Washington Saves Administrative Trust Account in the custody of the state treasurer. The account can be used for administrative and treasury purposes, and it can receive grants, gifts, or other moneys from the state and federal government. The account is exempt from appropriation and allotment provisions. The state treasurer must distribute the earnings from the investment income account to the state general fund monthly, except under specific conditions. The bill also outlines the distribution of earnings to various accounts and funds based on their average daily balance.

Establishes the Washington Saves Administrative Trust Account for administrative and treasury purposes.

The bill creates the Washington Saves Administrative Trust Account in the custody of the state treasurer. The account can be used for administrative and treasury purposes, and it can receive grants, gifts, or other moneys from the state and federal government. The account is exempt from appropriation and allotment provisions. The state treasurer must distribute the earnings from the investment income account to the state general fund monthly, except under specific conditions. The bill also outlines the distribution of earnings to various accounts and funds based on their average daily balance.