Fund 737 - High Occupancy Vehicle Account
Department of Licensing - 2400
2 - Treasury Trust Fund
SAAM Budget Type:
Earnings from Investments are:
See Public Notes section below
To collect and distribute excise taxes that class AA and certain Class A counties may impose, subject to voter approval, as follows: (a) A fifteen percent surcharge on the state motor vehicle excise tax paid under RCW 82.44.020(1), to be collected by the Department of Licensing; (b) An excise tax of up to two dollars per employee per month on all employers or any class or classes of employers, public and private. If both taxes are imposed the total proceeds from both tax sources each year shall not exceed the maximum amount which could be collected under the motor vehicle surcharge.
Sources of Revenue:
Revenues are not applicable to this fund type
Class AA and A counties
80% of the earnings from investments are retained by this account under RCW 43.79A.040(4)(c). 20% of the earnings from investments are credited to the general fund under 43.79A.040(4)(a).
High Occupancy Vehicle Account
HD - Agency Funds
KC - Local Government Distributions Fund
Closing GL Code: