The bill creates a new "victims of crime act account" in the state treasury by adding a new section to chapter 7.68 RCW. Beginning in fiscal year 2026 the state treasurer must transfer specified sums from the general fund into that account each fiscal year, reduced by the amount the state received under the federal Victims of Crime Act (VOCA) in the previous fiscal year as determined by the Office of Financial Management (OFM). The statutory transfer amounts are $50,000,000 per year for FY2026–FY2029, $60,000,000 per year for FY2030–FY2033, and $70,000,000 per year for FY2034 and each fiscal year thereafter. Account moneys may be spent only after appropriation and may not be used for capital projects. The funds are to be used for programs providing services to victims of crime statewide, administered in a unified process with federal VOCA funds and the VOCA state plan, with separate reporting as necessary to meet federal and state rules. The account must supplement, not supplant, other funding sources, and may be used as a match for federal VOCA funds. Administrative spending for the Office of Crime Victims Advocacy is limited so that no more than 5% of the deposited funds under this section are available for its administrative costs. The Office of Crime Victims Advocacy must report to the Legislature every five years with service data and funding recommendations; a preliminary report is due December 15, 2039. Affected entities named in the bill include the State Treasurer (responsible for transfers), OFM (to determine prior-year federal VOCA receipts), the Office of Crime Victims Advocacy (administration limits and reporting duties), victim service programs (eligible recipients), and the Legislature (report recipient). The bill is Substitute Senate Bill 5362 (S-1296.1), 69th Legislature, 2025 Regular Session. The text provided omits some specifics: it does not give the exact RCW section number being added within chapter 7.68, it does not define the term "Office of Crime Victims Advocacy" within this text, it does not describe how OFM determines the prior-year federal VOCA amount, it does not explain how "available for administrative costs" is measured or allocated, and it does not provide appropriation details, grant distribution mechanics, or eligibility criteria beyond saying funds are for programs providing services to victims of crime.

If enacted, the state will create a dedicated "victims of crime act account" that the treasurer must seed each fiscal year starting in 2026 with set sums ($50M in FY2026–29, $60M in FY2030–33, $70M thereafter), reduced by whatever the state received from the federal Victims of Crime Act the prior year. That money can only be spent after the Legislature appropriates it, must supplement (not replace) current victim service funding, cannot be used for capital projects, may serve as a match for federal dollars, and is limited so no more than 5% of deposits are available for the Office of Crime Victims Advocacy’s administrative costs; the office must also report to the Legislature every five years, with a preliminary report due by December 15, 2039. Victim service programs statewide are the main beneficiaries and will likely have more state-directed funding and matching options, while the Office of Crime Victims Advocacy, the State Treasurer, and the Office of Financial Management take on new duties and constraints (transfer execution, federal-offset calculation, administrative limits, and reporting). The general fund will face a recurring obligation of tens of millions annually unless federal VOCA receipts offset the transfers, which could crowd other spending priorities; key details about how funds are allocated to programs and how OFM determines the federal offset are not specified in the provided text.