Washington § 47.10.899 - Statement of general obligation — Pledge of toll revenue and excise taxes and vehicle-related fees.

Full text of Washington Revised Code of Washington § 47.10.899 — Statement of general obligation — Pledge of toll revenue and excise taxes and vehicle-related fees., with citation guidance and answers to common questions.

§ 47.10.899. Statement of general obligation — Pledge of toll revenue and excise taxes and vehicle-related fees.

Bonds issued under the authority of this section and RCW 47.10.896, 47.10.900, and 47.10.901 shall distinctly state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the payment of the principal thereof and the interest thereon, and shall contain an unconditional promise to pay such principal and interest as the same shall become due. The principal of and interest on the bonds shall be first payable in the manner provided in this section and RCW 47.10.896, 47.10.900, and 47.10.901 from toll revenue and then from proceeds of excise taxes on fuel and vehicle-related fees to the extent toll revenue is not available for that purpose. Toll revenue and the state excise taxes on fuel imposed by chapter 82.38 RCW and vehicle-related fees are hereby pledged to the payment of any bonds and the interest thereon issued under the authority of this section and RCW 47.10.896, 47.10.900, and 47.10.901, and the legislature agrees to continue to impose these toll charges on the Interstate 405 and state route number 167 express toll lanes, and on the Puget Sound Gateway facility, and on any other eligible toll facility designated by the legislature and on which the imposition of tolls is authorized by the legislature in respect of the bonds, and excise taxes on fuel and vehicle-related fees in amounts sufficient to pay, when due, the principal and interest on all bonds issued under the authority of this section and RCW 47.10.896, 47.10.900, and 47.10.901.
[ 2019 c 421 s 5.]

Notes

Intent—Effective date—2019 c 421: See notes following RCW 47.10.896.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 47.10.899

What does Revised Code of Washington § 47.10.899 cover?

Section 47.10.899 ("Statement of general obligation — Pledge of toll revenue and excise taxes and vehicle-related fees.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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A common citation format is "Revised Code of Washington § 47.10.899" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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