Allows the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings.

This bill allows the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings based on its average daily balance. The treasury income account, established in the state treasury, is used to manage these earnings. The account is subject to specific rules regarding refunds, allocations, and distributions, ensuring compliance with federal programs and state constitutional directives.

Allows the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings.

This bill allows the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings based on its average daily balance. The treasury income account, established in the state treasury, is used to manage these earnings. The account is subject to specific rules regarding refunds, allocations, and distributions, ensuring compliance with federal programs and state constitutional directives.