WA People
BILL · 1993–94 SESSION · LATEST VERSION SSB 5937

SB 5937: Seven percent debt limitatn

Including certain indebtedness in the calculation of the seven percent debt limitation.

Summary

  • The general exclusion of reimbursable bonds from the statutory 7 percent debt limit is eliminated. The effect of the change is proactive and does not affect any current bond covenants.

From the Substitute Senate Bill Report (SSB 5937), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 52, Laws of 1993
  1. IntroducedFeb 26, 1993
  2. Out of committee
  3. Passed SenateMar 10, 1993
  4. Passed HouseApr 7, 1993
  5. Governor
  6. LawApr 19, 1993
Prime sponsor
Kevin Quigley (D-39)
Introduced
February 26, 1993 in the Senate
Last action
April 19, 1993
Session law
Chapter 52, Laws of 1993
Versions
SB 5937, SSB 5937

Sponsors

Prime sponsor: Kevin Quigley (D-39)

21 co-sponsors (16 Democrats, 5 Republicans)

Sid Snyder D-19Marcus Gaspard D-25Peter von Reichbauer R-30Larry Vognild D-38Adam Smith D-33Nita Rinehart D-46Rosemary McAuliffe D-1Kathleen Drew D-5Jim Hargrove D-24Betti Sheldon D-23Valoria Loveland D-16Mary Margaret Haugen D-10Tim Erwin R-44Dean Sutherland D-17Jim Jesernig D-8Sylvia Skratek D-47Harriet Spanel D-40Janice Niemi D-43Pam Roach R-31Harold Hochstatter R-13Alex Deccio R-14

Votes

Senate · Final Passage

March 10, 1993
Version voted on: SSB 5937
37 Yea 10 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat25201
Republican12801
How each member voted

Excused (2)

Permalink to this vote

House · Final Passage

April 7, 1993
Version voted on: SSB 5937
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican35000
How each member voted

Yea (98)

Permalink to this vote

Senate · Final Passage

April 9, 1993
Version voted on: SSB 5937
41 Yea 8 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat28000
Republican13800
How each member voted
Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5937 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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