Firearm financial resp.

AN ACT Relating to enhancing public safety by requiring financial 1
responsibility to purchase or possess a firearm or operate a firearm 2
range; amending RCW 9.41.090; reenacting and amending RCW 43.84.092 3
and 43.84.092; adding new sections to chapter 9.41 RCW; adding a new 4
section to chapter 43.24 RCW; prescribing penalties; providing 5
effective dates; and providing an expiration date. 6
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:7
NEW SECTION. Sec. 1. A new section is added to chapter 9.41 RCW 8
to read as follows: 9
(1)(a) No person in this state may purchase or possess a firearm 10
unless that person is: 11
(i) Insured under a firearm liability policy or covered by a 12
firearm liability bond meeting the requirements of subsection (2) of 13
this section; 14
(ii) Self-insured as provided in subsection (3) of this section; 15
or 16
(iii) Covered by a certificate of deposit meeting the 17
requirements of subsection (4) of this section. 18
(b) Compliance with this requirement constitutes financial 19
responsibility for the purpose of this section. Proof of financial 20
responsibility to purchase or possess a firearm must be provided on 21
H-0674.2
HOUSE BILL 1504
State of Washington 69th Legislature 2025 Regular Session
By Representatives Reeves, Doglio, Davis, Reed, Ormsby, Ramel,
Pollet, and Thai
Read first time 01/22/25. Referred to Committee on Civil Rights &
Judiciary.
p. 1 HB 1504
the request of a dealer or law enforcement officer in the format 1
specified under subsection (5) of this section. 2
(2) Firearm Liability Policy and Bond Requirements.3
(a) A firearm liability policy or bond under this section must: 4
(i) Be issued by an insurance company or surety company authorized to 5
do business in this state; (ii) provide at least $25,000 of coverage 6
per incident arising from accidental or unintentional discharge of 7
the covered firearm causing injury, death, or property damage; and 8
(iii) identify the specific firearm covered by the policy or bond.9
(b) Firearm liability policies and bonds must be obtained on a 10
per-firearm basis, with a separate policy or bond required for each 11
distinct firearm. 12
(3) Self-Insurance Requirements.13
(a) Any person possessing more than 25 firearms may qualify as a 14
self-insurer by obtaining a certificate of self-insurance issued by 15
the department of licensing as provided in (b) of this subsection.16
(b) The department of licensing may, in its discretion, upon the 17
application of such a person, issue a certificate of self-insurance 18
when it is satisfied that such person is possessed and will continue 19
to be possessed of the ability to pay a judgment obtained against 20
such person arising from accidental or unintentional discharge of 21
their firearms causing injury, death, or property damage.22
(c) Upon not less than five days' notice and a hearing pursuant 23
to such notice, the department of licensing may upon reasonable 24
grounds cancel a certificate of self-insurance. Failure to pay any 25
judgment within 30 days after such judgment shall have become final 26
shall constitute a reasonable ground for the cancellation of a 27
certificate of self-insurance. 28
(4) Certificate of Deposit Requirements.29
(a) Proof of financial responsibility may be evidenced by a 30
certificate issued by the department of licensing establishing that 31
the person named therein has deposited with the department $25,000 in 32
cash, or securities such as may legally be purchased by savings banks 33
or for trust funds of a market value of $25,000. 34
(b) Certificates of deposit must be obtained on a per-firearm 35
basis, with a separate certificate required for each distinct 36
firearm. 37
(5) Proof of Financial Responsibility.38
(a) Whenever an insurance or surety company issues or renews a 39
firearm liability insurance policy or bond, the company shall provide 40
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the policyholder or bondholder with an identification card as 1
specified by the department of licensing. At the policyholder's or 2
bondholder's request, the insurance or surety company shall provide 3
the policyholder or bondholder a card for each firearm covered under 4
the policy or bond. The card required by this subsection may be 5
provided in either paper or electronic format. Acceptable electronic 6
formats include the display of electronic images on a cellular phone 7
or any other type of portable electronic device. 8
(b) The department of licensing shall adopt rules specifying the 9
type, style, and content of identification cards to be used for proof 10
of compliance with this section, including the method for issuance of 11
such identification cards by persons or organizations providing proof 12
of compliance through self-insurance, certificate of deposit, or 13
bond. 14
(c) Whenever a law enforcement officer asks any person purchasing 15
or possessing a firearm to display proof of financial responsibility, 16
failure to display such proof creates a presumption that the person 17
has not complied with the financial responsibility requirement of 18
this section. 19
(d) Failure to provide proof of financial responsibility to 20
purchase or possess a firearm at the request of a dealer while 21
purchasing a firearm, or at the request of a law enforcement officer 22
while possessing a firearm, is a class 1 civil infraction.23
(e) For the purposes of this section, when a person uses a 24
portable electronic device to display proof of financial 25
responsibility to a law enforcement officer, the officer may only 26
view the proof of financial responsibility and is otherwise 27
prohibited from viewing any other content on the portable electronic 28
device. 29
(f) Whenever a person presents a portable electronic device 30
pursuant to this section, that person assumes all liability for any 31
damage to the portable electronic device. 32
(g) If a person given notice of a civil infraction for a 33
violation of this section appears in person before the court and 34
provides written evidence that at the time the person was given 35
notice, he or she was in compliance with the financial responsibility 36
requirements of this section, the notice of civil infraction shall be 37
dismissed and the court may assess court administrative costs of $25 38
at the time of dismissal. In lieu of personal appearance, a person 39
given notice of a civil infraction for a violation of this section 40
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may, before the date scheduled for the person's appearance before the 1
court, submit by mail to the court written evidence that, at the time 2
the person was given notice, he or she was in compliance with the 3
financial responsibility requirements of this section, in which case 4
the notice of civil infraction shall be dismissed without cost, 5
except that the court may assess court administrative costs of $25 at 6
the time of dismissal. 7
(h) Any person who knowingly provides false evidence of financial 8
responsibility to a dealer, law enforcement officer, or court, 9
including an expired or canceled insurance policy, bond, or 10
certificate of deposit, is guilty of a misdemeanor.11
(6) This section does not apply to: 12
(a) Antique firearms; 13
(b) Federal peace officers, general authority Washington peace 14
officers, and limited authority Washington peace officers, as those 15
terms are defined in RCW 10.93.020; 16
(c) An active member of the United States armed forces while on 17
duty. 18
(7) The department of licensing may adopt rules for carrying out 19
and enforcing the provisions of this section. 20
Sec. 2. RCW 9.41.090 and 2023 c 161 s 1 are each amended to read 21
as follows: 22
(1) In addition to the other requirements of this chapter, no 23
dealer may deliver a firearm to the purchaser thereof until:24
(a) The purchaser provides proof of completion of a recognized 25
firearm safety training program within the last five years that 26
complies with the requirements in RCW 9.41.1132, or proof that the 27
purchaser is exempt from the training requirement;28
(b) The purchaser provides proof the purchaser has complied with 29
or is exempt from the financial responsibility requirements 30
established in section 1 of this act;31
(c) The dealer is notified by the Washington state patrol 32
firearms background check program that the purchaser is eligible to 33
possess a firearm under state and federal law; and34
(((c))) (d) The requirements and time periods in RCW 9.41.092 35
have been satisfied. 36
(2) In determining whether the purchaser is eligible to possess a 37
firearm, the Washington state patrol firearms background check 38
program shall check with the national instant criminal background 39
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check system, provided for by the Brady handgun violence prevention 1
act (18 U.S.C. Sec. 921 et seq.), the Washington state patrol 2
electronic database, the health care authority electronic database, 3
the administrative office of the courts, LInX-NW, and with other 4
agencies or resources as appropriate, to determine whether the 5
applicant is ineligible under RCW 9.41.040 to possess a firearm.6
(3)(a) At the time of applying for the purchase of a firearm, the 7
purchaser shall sign and deliver to the dealer an application 8
containing: 9
(i) His or her full name, residential address, date and place of 10
birth, race, and gender; 11
(ii) The date and hour of the application; 12
(iii) The applicant's driver's license number or state 13
identification card number; 14
(iv) A description of the firearm including the make, model, 15
caliber and manufacturer's number if available at the time of 16
applying for the purchase of the firearm. If the manufacturer's 17
number is not available at the time of applying for the purchase of a 18
firearm, the application may be processed, but delivery of the 19
firearm to the purchaser may not occur unless the manufacturer's 20
number is recorded on the application by the dealer and transmitted 21
to the Washington state patrol firearms background check program; and22
(v) A statement that the purchaser is eligible to purchase and 23
possess a firearm under state and federal law. 24
(b) The dealer shall provide the applicant with information that 25
contains two warnings substantially stated as follows:26
(i) CAUTION: Although state and local laws do not differ, federal 27
law and state law on the possession of firearms differ. If you are 28
prohibited by federal law from possessing a firearm, you may be 29
prosecuted in federal court. State permission to purchase a firearm 30
is not a defense to a federal prosecution; and 31
(ii) CAUTION: The presence of a firearm in the home has been 32
associated with an increased risk of death to self and others, 33
including an increased risk of suicide, death during domestic 34
violence incidents, and unintentional deaths to children and others.35
The purchaser shall be given a copy of the department of fish and 36
wildlife pamphlet on the legal limits of the use of firearms and 37
firearms safety. 38
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(c) The dealer shall, by the end of the business day, transmit 1
the information from the application through secure automated 2
firearms e-check (SAFE) to the Washington state patrol firearms 3
background check program. The original application shall be retained 4
by the dealer for six years. 5
(d) The dealer shall deliver the firearm to the purchaser once 6
the requirements and period of time specified in this chapter are 7
satisfied. The application shall not be denied unless the purchaser 8
is not eligible to purchase or possess the firearm under state or 9
federal law or has not complied with the requirements of this 10
section. 11
(e) The Washington state patrol firearms background check program 12
shall retain or destroy applications to purchase a firearm in 13
accordance with the requirements of 18 U.S.C. Sec. 922.14
(4) A person who knowingly makes a false statement regarding 15
identity or eligibility requirements on the application to purchase a 16
firearm is guilty of false swearing under RCW 9A.72.040.17
(5) This section does not apply to sales to licensed dealers for 18
resale or to the sale of antique firearms. 19
NEW SECTION. Sec. 3. A new section is added to chapter 43.24 20
RCW to read as follows: 21
(1)(a) Except as provided in (b) of this subsection, any person 22
in this state may deposit with the department of licensing at least 23
$25,000 in cash, or securities such as may legally be purchased by 24
savings banks or for trust funds of market value of at least $25,000, 25
for the purpose of complying with section 1 of this act.26
(b) The department of licensing shall not accept a deposit or 27
issue a certificate of deposit unless the deposit is accompanied by a 28
declaration, signed under penalty of perjury, stating the depositor's 29
full legal name; mailing address; primary phone number; the make, 30
model, and serial number of the firearm to be covered by the 31
requested certificate; and that there are no unsatisfied judgments of 32
any character against the depositor in the county where the depositor 33
resides. 34
(2) Any depositor or their representative may return a valid 35
certificate of deposit to the department of licensing in exchange for 36
the return of all corresponding cash or securities that were 37
deposited with the department of licensing to obtain the certificate, 38
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but only upon providing the department of licensing with a 1
declaration, signed under penalty of perjury, stating:2
(a) The depositor: (i) No longer possesses the firearm covered by 3
the certificate and does not intend to regain possession of that 4
firearm in the future; or (ii) has obtained a valid insurance policy, 5
liability bond, certificate of self-insurance, or another certificate 6
of deposit covering the firearm at issue in accordance with section 1 7
of this act; and 8
(b) There are no unsatisfied judgments of any character against 9
the depositor arising from accidental or unintentional discharge of 10
the depositor's covered firearm causing injury, death, or property 11
damage. 12
(3)(a) Any claimant who has obtained a final and enforceable 13
legal judgment against a depositor that arises from accidental or 14
unintentional discharge of the depositor's covered firearm causing 15
injury, death, or property damage, and which was issued by a court of 16
competent jurisdiction, may file a request with the department of 17
licensing for payment of the depositor's cash or securities deposited 18
with the department of licensing in satisfaction of the legal 19
judgment against the depositor. Any request filed under this 20
subsection must be accompanied by proof the judgment meets the 21
requirements of this subsection. 22
(b) If the department of licensing is satisfied the conditions of 23
this subsection have been met, it must provide notice to the 24
depositor of the claim and, no sooner than 30 days after providing 25
notice to the depositor, pay the requested deposit to the claimant 26
unless the court that entered the judgment against the depositor 27
orders the department of licensing to withhold payment of the deposit 28
to the claimant. 29
(c) After a depositor receives notice a claim has been made 30
against a deposit and before the department of licensing pays the 31
deposit to the claimant, if the depositor believes the claimant is 32
not entitled to payment of the deposit, the depositor may seek an 33
order from the court that entered the judgment against the depositor 34
directing the department of licensing to withhold payment to the 35
claimant. 36
(4) A certificate of deposit issued under this section is no 37
longer valid if the depositor or their representative requests and 38
obtains the return of the deposit, the value of the deposit falls 39
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below $25,000, or the deposit is paid to a claimant in accordance 1
with this section. 2
(5)(a) Whenever a person deposits qualifying cash or securities 3
with the department of licensing under this section and provides the 4
department with all required information, the department shall issue 5
a certificate of deposit to that person within 30 days stating the 6
depositor's full legal name, the value of the deposited cash or 7
securities, the date of deposit, the date the certificate was issued, 8
the specific firearm the certificate covers, and contact information 9
to reach the department to verify the authenticity and present 10
validity of the certificate. 11
(b)(i) Whenever a person who has previously been issued a 12
certificate of deposit by the department of licensing requests an 13
updated certificate, and the value of the deposit continues to match 14
or exceed $25,000, the department shall issue an updated certificate 15
to that person within 30 days. 16
(ii) The department of licensing shall issue up to one updated 17
certificate of deposit to a requester per calendar year free of 18
charge to the requester, but the department may charge the requester 19
for the costs of time, materials, and mailing required to provide an 20
updated certificate for all subsequent updated certificates issued 21
within the same calendar year. 22
(6)(a) The firearm financial responsibility account is created in 23
the custody of the state treasurer. All receipts from deposits made 24
pursuant to this section must be deposited into the account. 25
Expenditures from the account may be used only to (i) return a 26
deposit to a depositor or their representative pursuant to this 27
section; (ii) make a payment to a claimant pursuant to this section; 28
or (iii) make a payment of interest or other income accrued on a 29
deposit to the department of commerce pursuant to this subsection. 30
Only the director of the department of licensing or the director's 31
designee may authorize expenditures from the account. The account is 32
subject to allotment procedures under chapter 43.88 RCW, but an 33
appropriation is not required for expenditures. 34
(b) Any interest or other income accrued on a deposit held under 35
this chapter shall be paid quarterly, by the director of the 36
department of licensing or the director's designee, to the department 37
of commerce for the purpose of funding the office of firearm safety 38
and violence prevention. 39
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(7)(a) The department of licensing shall maintain records of all 1
deposits made under this section, including the depositor's legal 2
name and address, the value and date of each deposit, and whether 3
each deposit is in the department's custody, has been returned in 4
whole or in part to a depositor or their representative, or has been 5
paid in whole or in part to a claimant. The department of licensing 6
shall retain these records while the corresponding deposit remains 7
wholly or partially in place and for at least six years thereafter.8
(b) The department of licensing shall maintain records of all 9
certificates of deposit issued under this section, including the 10
legal name and address of each person a certificate has been issued 11
to, the date each certificate was issued, the status and value of any 12
corresponding deposit for which the certificate was issued, the 13
present validity of each certificate issued, and the specific firearm 14
each certificate covers. The department shall retain these records 15
while the corresponding certificate remains valid and for at least 16
six years thereafter. 17
(8) The department of licensing may adopt rules for carrying out 18
and enforcing the provisions of this section. 19
Sec. 4. RCW 43.84.092 and 2024 c 210 s 4 and 2024 c 168 s 12 are 20
each reenacted and amended to read as follows: 21
(1) All earnings of investments of surplus balances in the state 22
treasury shall be deposited to the treasury income account, which 23
account is hereby established in the state treasury.24
(2) The treasury income account shall be utilized to pay or 25
receive funds associated with federal programs as required by the 26
federal cash management improvement act of 1990. The treasury income 27
account is subject in all respects to chapter 43.88 RCW, but no 28
appropriation is required for refunds or allocations of interest 29
earnings required by the cash management improvement act. Refunds of 30
interest to the federal treasury required under the cash management 31
improvement act fall under RCW 43.88.180 and shall not require 32
appropriation. The office of financial management shall determine the 33
amounts due to or from the federal government pursuant to the cash 34
management improvement act. The office of financial management may 35
direct transfers of funds between accounts as deemed necessary to 36
implement the provisions of the cash management improvement act, and 37
this subsection. Refunds or allocations shall occur prior to the 38
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distributions of earnings set forth in subsection (4) of this 1
section. 2
(3) Except for the provisions of RCW 43.84.160, the treasury 3
income account may be utilized for the payment of purchased banking 4
services on behalf of treasury funds including, but not limited to, 5
depository, safekeeping, and disbursement functions for the state 6
treasury and affected state agencies. The treasury income account is 7
subject in all respects to chapter 43.88 RCW, but no appropriation is 8
required for payments to financial institutions. Payments shall occur 9
prior to distribution of earnings set forth in subsection (4) of this 10
section. 11
(4) Monthly, the state treasurer shall distribute the earnings 12
credited to the treasury income account. The state treasurer shall 13
credit the general fund with all the earnings credited to the 14
treasury income account except: 15
(a) The following accounts and funds shall receive their 16
proportionate share of earnings based upon each account's and fund's 17
average daily balance for the period: The abandoned recreational 18
vehicle disposal account, the aeronautics account, the Alaskan Way 19
viaduct replacement project account, the ambulance transport fund, 20
the budget stabilization account, the capital vessel replacement 21
account, the capitol building construction account, the Central 22
Washington University capital projects account, the charitable, 23
educational, penal and reformatory institutions account, the Chehalis 24
basin account, the Chehalis basin taxable account, the clean fuels 25
credit account, the clean fuels transportation investment account, 26
the cleanup settlement account, the climate active transportation 27
account, the climate transit programs account, the Columbia river 28
basin water supply development account, the Columbia river basin 29
taxable bond water supply development account, the Columbia river 30
basin water supply revenue recovery account, the common school 31
construction fund, the community forest trust account, the connecting 32
Washington account, the county arterial preservation account, the 33
county criminal justice assistance account, the covenant 34
homeownership account, the deferred compensation administrative 35
account, the deferred compensation principal account, the department 36
of licensing services account, the department of retirement systems 37
expense account, the developmental disabilities community services 38
account, the diesel idle reduction account, the opioid abatement 39
settlement account, the drinking water assistance account, the 40
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administrative subaccount of the drinking water assistance account, 1
the early learning facilities development account, the early learning 2
facilities revolving account, the Eastern Washington University 3
capital projects account, the education construction fund, the 4
education legacy trust account, the election account, the electric 5
vehicle account, the energy freedom account, the energy recovery act 6
account, the essential rail assistance account, The Evergreen State 7
College capital projects account, the fair start for kids account, 8
the family medicine workforce development account, the ferry bond 9
retirement fund, the firearm financial responsibility account, the 10
fish, wildlife, and conservation account, the freight mobility 11
investment account, the freight mobility multimodal account, the 12
grade crossing protective fund, the higher education retirement plan 13
supplemental benefit fund, the Washington student loan account, the 14
highway bond retirement fund, the highway infrastructure account, the 15
highway safety fund, the hospital safety net assessment fund, the 16
Interstate 5 bridge replacement project account, the Interstate 405 17
and state route number 167 express toll lanes account, the judges' 18
retirement account, the judicial retirement administrative account, 19
the judicial retirement principal account, the limited fish and 20
wildlife account, the local leasehold excise tax account, the local 21
real estate excise tax account, the local sales and use tax account, 22
the marine resources stewardship trust account, the medical aid 23
account, the money-purchase retirement savings administrative 24
account, the money-purchase retirement savings principal account, the 25
motor vehicle fund, the motorcycle safety education account, the move 26
ahead WA account, the move ahead WA flexible account, the multimodal 27
transportation account, the multiuse roadway safety account, the 28
municipal criminal justice assistance account, the oyster reserve 29
land account, the pension funding stabilization account, the 30
perpetual surveillance and maintenance account, the pilotage account, 31
the pollution liability insurance agency underground storage tank 32
revolving account, the public employees' retirement system plan 1 33
account, the public employees' retirement system combined plan 2 and 34
plan 3 account, the public facilities construction loan revolving 35
account, the public health supplemental account, the public works 36
assistance account, the Puget Sound capital construction account, the 37
Puget Sound ferry operations account, the Puget Sound Gateway 38
facility account, the Puget Sound taxpayer accountability account, 39
the real estate appraiser commission account, the recreational 40
p. 11 HB 1504
vehicle account, the regional mobility grant program account, the 1
reserve officers' relief and pension principal fund, the resource 2
management cost account, the rural arterial trust account, the rural 3
mobility grant program account, the rural Washington loan fund, the 4
second injury fund, the sexual assault prevention and response 5
account, the site closure account, the skilled nursing facility 6
safety net trust fund, the small city pavement and sidewalk account, 7
the special category C account, the special wildlife account, the 8
state hazard mitigation revolving loan account, the state investment 9
board expense account, the state investment board commingled trust 10
fund accounts, the state patrol highway account, the state 11
reclamation revolving account, the state route number 520 civil 12
penalties account, the state route number 520 corridor account, the 13
statewide broadband account, the statewide tourism marketing account, 14
the supplemental pension account, the Tacoma Narrows toll bridge 15
account, the teachers' retirement system plan 1 account, the 16
teachers' retirement system combined plan 2 and plan 3 account, the 17
tobacco prevention and control account, the tobacco settlement 18
account, the toll facility bond retirement account, the 19
transportation 2003 account (nickel account), the transportation 20
equipment fund, the JUDY transportation future funding program 21
account, the transportation improvement account, the transportation 22
improvement board bond retirement account, the transportation 23
infrastructure account, the transportation partnership account, the 24
traumatic brain injury account, the tribal opioid prevention and 25
treatment account, the University of Washington bond retirement fund, 26
the University of Washington building account, the voluntary cleanup 27
account, the volunteer firefighters' relief and pension principal 28
fund, the volunteer firefighters' and reserve officers' 29
administrative fund, the vulnerable roadway user education account, 30
the Washington judicial retirement system account, the Washington law 31
enforcement officers' and firefighters' system plan 1 retirement 32
account, the Washington law enforcement officers' and firefighters' 33
system plan 2 retirement account, the Washington public safety 34
employees' plan 2 retirement account, the Washington school 35
employees' retirement system combined plan 2 and 3 account, the 36
Washington state patrol retirement account, the Washington State 37
University building account, the Washington State University bond 38
retirement fund, the water pollution control revolving administration 39
account, the water pollution control revolving fund, the Western 40
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Washington University capital projects account, the Yakima integrated 1
plan implementation account, the Yakima integrated plan 2
implementation revenue recovery account, and the Yakima integrated 3
plan implementation taxable bond account. Earnings derived from 4
investing balances of the agricultural permanent fund, the normal 5
school permanent fund, the permanent common school fund, the 6
scientific permanent fund, and the state university permanent fund 7
shall be allocated to their respective beneficiary accounts.8
(b) Any state agency that has independent authority over accounts 9
or funds not statutorily required to be held in the state treasury 10
that deposits funds into a fund or account in the state treasury 11
pursuant to an agreement with the office of the state treasurer shall 12
receive its proportionate share of earnings based upon each account's 13
or fund's average daily balance for the period. 14
(5) In conformance with Article II, section 37 of the state 15
Constitution, no treasury accounts or funds shall be allocated 16
earnings without the specific affirmative directive of this section.17
Sec. 5. RCW 43.84.092 and 2024 c 210 s 5 and 2024 c 168 s 13 are 18
each reenacted and amended to read as follows: 19
(1) All earnings of investments of surplus balances in the state 20
treasury shall be deposited to the treasury income account, which 21
account is hereby established in the state treasury.22
(2) The treasury income account shall be utilized to pay or 23
receive funds associated with federal programs as required by the 24
federal cash management improvement act of 1990. The treasury income 25
account is subject in all respects to chapter 43.88 RCW, but no 26
appropriation is required for refunds or allocations of interest 27
earnings required by the cash management improvement act. Refunds of 28
interest to the federal treasury required under the cash management 29
improvement act fall under RCW 43.88.180 and shall not require 30
appropriation. The office of financial management shall determine the 31
amounts due to or from the federal government pursuant to the cash 32
management improvement act. The office of financial management may 33
direct transfers of funds between accounts as deemed necessary to 34
implement the provisions of the cash management improvement act, and 35
this subsection. Refunds or allocations shall occur prior to the 36
distributions of earnings set forth in subsection (4) of this 37
section. 38
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(3) Except for the provisions of RCW 43.84.160, the treasury 1
income account may be utilized for the payment of purchased banking 2
services on behalf of treasury funds including, but not limited to, 3
depository, safekeeping, and disbursement functions for the state 4
treasury and affected state agencies. The treasury income account is 5
subject in all respects to chapter 43.88 RCW, but no appropriation is 6
required for payments to financial institutions. Payments shall occur 7
prior to distribution of earnings set forth in subsection (4) of this 8
section. 9
(4) Monthly, the state treasurer shall distribute the earnings 10
credited to the treasury income account. The state treasurer shall 11
credit the general fund with all the earnings credited to the 12
treasury income account except: 13
(a) The following accounts and funds shall receive their 14
proportionate share of earnings based upon each account's and fund's 15
average daily balance for the period: The abandoned recreational 16
vehicle disposal account, the aeronautics account, the Alaskan Way 17
viaduct replacement project account, the budget stabilization 18
account, the capital vessel replacement account, the capitol building 19
construction account, the Central Washington University capital 20
projects account, the charitable, educational, penal and reformatory 21
institutions account, the Chehalis basin account, the Chehalis basin 22
taxable account, the clean fuels credit account, the clean fuels 23
transportation investment account, the cleanup settlement account, 24
the climate active transportation account, the climate transit 25
programs account, the Columbia river basin water supply development 26
account, the Columbia river basin taxable bond water supply 27
development account, the Columbia river basin water supply revenue 28
recovery account, the common school construction fund, the community 29
forest trust account, the connecting Washington account, the county 30
arterial preservation account, the county criminal justice assistance 31
account, the covenant homeownership account, the deferred 32
compensation administrative account, the deferred compensation 33
principal account, the department of licensing services account, the 34
department of retirement systems expense account, the developmental 35
disabilities community services account, the diesel idle reduction 36
account, the opioid abatement settlement account, the drinking water 37
assistance account, the administrative subaccount of the drinking 38
water assistance account, the early learning facilities development 39
account, the early learning facilities revolving account, the Eastern 40
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Washington University capital projects account, the education 1
construction fund, the education legacy trust account, the election 2
account, the electric vehicle account, the energy freedom account, 3
the energy recovery act account, the essential rail assistance 4
account, The Evergreen State College capital projects account, the 5
fair start for kids account, the family medicine workforce 6
development account, the ferry bond retirement fund, the firearm 7
financial responsibility account, the fish, wildlife, and 8
conservation account, the freight mobility investment account, the 9
freight mobility multimodal account, the grade crossing protective 10
fund, the higher education retirement plan supplemental benefit fund, 11
the Washington student loan account, the highway bond retirement 12
fund, the highway infrastructure account, the highway safety fund, 13
the hospital safety net assessment fund, the Interstate 5 bridge 14
replacement project account, the Interstate 405 and state route 15
number 167 express toll lanes account, the judges' retirement 16
account, the judicial retirement administrative account, the judicial 17
retirement principal account, the limited fish and wildlife account, 18
the local leasehold excise tax account, the local real estate excise 19
tax account, the local sales and use tax account, the marine 20
resources stewardship trust account, the medical aid account, the 21
money-purchase retirement savings administrative account, the money-22
purchase retirement savings principal account, the motor vehicle 23
fund, the motorcycle safety education account, the move ahead WA 24
account, the move ahead WA flexible account, the multimodal 25
transportation account, the multiuse roadway safety account, the 26
municipal criminal justice assistance account, the oyster reserve 27
land account, the pension funding stabilization account, the 28
perpetual surveillance and maintenance account, the pilotage account, 29
the pollution liability insurance agency underground storage tank 30
revolving account, the public employees' retirement system plan 1 31
account, the public employees' retirement system combined plan 2 and 32
plan 3 account, the public facilities construction loan revolving 33
account, the public health supplemental account, the public works 34
assistance account, the Puget Sound capital construction account, the 35
Puget Sound ferry operations account, the Puget Sound Gateway 36
facility account, the Puget Sound taxpayer accountability account, 37
the real estate appraiser commission account, the recreational 38
vehicle account, the regional mobility grant program account, the 39
reserve officers' relief and pension principal fund, the resource 40
p. 15 HB 1504
management cost account, the rural arterial trust account, the rural 1
mobility grant program account, the rural Washington loan fund, the 2
second injury fund, the sexual assault prevention and response 3
account, the site closure account, the skilled nursing facility 4
safety net trust fund, the small city pavement and sidewalk account, 5
the special category C account, the special wildlife account, the 6
state hazard mitigation revolving loan account, the state investment 7
board expense account, the state investment board commingled trust 8
fund accounts, the state patrol highway account, the state 9
reclamation revolving account, the state route number 520 civil 10
penalties account, the state route number 520 corridor account, the 11
statewide broadband account, the statewide tourism marketing account, 12
the supplemental pension account, the Tacoma Narrows toll bridge 13
account, the teachers' retirement system plan 1 account, the 14
teachers' retirement system combined plan 2 and plan 3 account, the 15
tobacco prevention and control account, the tobacco settlement 16
account, the toll facility bond retirement account, the 17
transportation 2003 account (nickel account), the transportation 18
equipment fund, the JUDY transportation future funding program 19
account, the transportation improvement account, the transportation 20
improvement board bond retirement account, the transportation 21
infrastructure account, the transportation partnership account, the 22
traumatic brain injury account, the tribal opioid prevention and 23
treatment account, the University of Washington bond retirement fund, 24
the University of Washington building account, the voluntary cleanup 25
account, the volunteer firefighters' relief and pension principal 26
fund, the volunteer firefighters' and reserve officers' 27
administrative fund, the vulnerable roadway user education account, 28
the Washington judicial retirement system account, the Washington law 29
enforcement officers' and firefighters' system plan 1 retirement 30
account, the Washington law enforcement officers' and firefighters' 31
system plan 2 retirement account, the Washington public safety 32
employees' plan 2 retirement account, the Washington school 33
employees' retirement system combined plan 2 and 3 account, the 34
Washington state patrol retirement account, the Washington State 35
University building account, the Washington State University bond 36
retirement fund, the water pollution control revolving administration 37
account, the water pollution control revolving fund, the Western 38
Washington University capital projects account, the Yakima integrated 39
plan implementation account, the Yakima integrated plan 40
p. 16 HB 1504
implementation revenue recovery account, and the Yakima integrated 1
plan implementation taxable bond account. Earnings derived from 2
investing balances of the agricultural permanent fund, the normal 3
school permanent fund, the permanent common school fund, the 4
scientific permanent fund, and the state university permanent fund 5
shall be allocated to their respective beneficiary accounts.6
(b) Any state agency that has independent authority over accounts 7
or funds not statutorily required to be held in the state treasury 8
that deposits funds into a fund or account in the state treasury 9
pursuant to an agreement with the office of the state treasurer shall 10
receive its proportionate share of earnings based upon each account's 11
or fund's average daily balance for the period. 12
(5) In conformance with Article II, section 37 of the state 13
Constitution, no treasury accounts or funds shall be allocated 14
earnings without the specific affirmative directive of this section.15
NEW SECTION. Sec. 6. A new section is added to chapter 9.41 RCW 16
to read as follows: 17
(1) A firearm range operator shall carry a general liability 18
insurance policy providing at least $1,000,000 of coverage per 19
incident. Compliance with this requirement constitutes financial 20
responsibility for the purpose of this section. 21
(2) For the purpose of this section, "firearm range" means a 22
privately owned structure or outdoor area, operated for profit, that 23
allows members of the public to discharge firearms within the 24
structure or outdoor area for testing, training, or recreational 25
purposes, excluding hunting wildlife. 26
(3) A violation of this section is a misdemeanor.27
NEW SECTION. Sec. 7. If any provision of this act or its 28
application to any person or circumstance is held invalid, the 29
remainder of the act or the application of the provision to other 30
persons or circumstances is not affected.31
NEW SECTION. Sec. 8. Except for section 5 of this act, this act 32
takes effect January 1, 2027.33
NEW SECTION. Sec. 9. Section 4 of this act expires July 1, 34
2028.35
p. 17 HB 1504
NEW SECTION. Sec. 10. Section 5 of this act takes effect July 1
1, 2028.2
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p. 18 HB 1504