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transfers of moneys in the financial services regulation fund to the 1 general fund. It is the intent of the legislature to continue this 2 policy in subsequent biennia. 3 Sec. 934. RCW 50.24.014 and 2021 c 2 s 15 are each amended to 4 read as follows: 5 (1)(a) A separate and identifiable account to provide for the 6 financing of special programs to assist the unemployed is established 7 in the administrative contingency fund. All money in this account 8 shall be expended solely for the purposes of this title and for no 9 other purposes whatsoever, except as provided in subsection (4) of 10 this section. Contributions to this account shall accrue and become 11 payable by each employer, except employers as described in RCW 12 50.44.010 and 50.44.030 who have properly elected to make payments in 13 lieu of contributions, taxable local government employers as 14 described in RCW 50.44.035, and those employers who are required to 15 make payments in lieu of contributions, at a basic rate of two one- 16 hundredths of one percent. The amount of wages subject to tax shall 17 be determined under RCW 50.24.010. 18 (b) A separate and identifiable account is established in the 19 administrative contingency fund for financing the employment security 20 department's administrative costs under RCW 50.22.150 and 50.22.155 21 and the costs under RCW 50.22.150(11) and 50.22.155 (1)(m) and 22 (2)(m). All money in this account shall be expended solely for the 23 purposes of this title and for no other purposes whatsoever. 24 Contributions to this account shall accrue and become payable by each 25 employer, except employers as described in RCW 50.44.010 and 26 50.44.030 who have properly elected to make payments in lieu of 27 contributions, taxable local government employers as described in RCW 28 50.44.035, those employers who are required to make payments in lieu 29 of contributions, those employers described under RCW 30 50.29.025(1)(d), and those qualified employers assigned rate class 20 31 or rate class 40, as applicable, under RCW 50.29.025, at a basic rate 32 of one one-hundredth of one percent. The amount of wages subject to 33 tax shall be determined under RCW 50.24.010. Any amount of 34 contributions payable under this subsection (1)(b) that exceeds the 35 amount that would have been collected at a rate of four one- 36 thousandths of one percent must be deposited in the account created 37 in (a) of this subsection. 38 p. 679 ESSB 5187.SL