(1) All taxes, interest, and penalties collected under this chapter shall be distributed as follows: (a) The first $500,000,000 collected each fiscal year shall be deposited into the education legacy trust account created in RCW 83.100.230; and (b) Any remainder collected each fiscal year shall be deposited into the common school construction account [fund]. (2) The amounts specified under subsection (1)(a) of this section shall be adjusted annually as provided under RCW 82.87.150.
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