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825 Tobacco Settlement Account

Account code: 825
Account title: Tobacco Settlement Account
Administering agency: 7000 - OFM Financial Statement Control
Fund type: BA - Special Revenue Funds
Roll-up fund: BE - Human Services Fund
Cash type: 1 - Treasury Fund
SAAM budget type: Appropriated (A)
Interest earning authority: 43.84.092
Authority: RCW 43.79.480
Closing GL Code: 9323
Description: Used to record the receipts of the tobacco settlement litigation payments and the interest earnings on these amounts. Moneys in the tobacco settlement account may only be transferred to the General Fund and to the tobacco prevention and control account. The Legislature shall transfer amounts received as strategic contribution payments to the life sciences discovery account.
Sources of revenue: Tobacco settlement monies, interest earnings, donations and other revenues
Clientele: General public
Effective date: 7/1/1999
Inactive date: