BILL · 1997–98 SESSION · LATEST VERSION SHB 1586

HB 1586: State investment brd operatn

Authorizing the state investment board to create public entities for the purposes of handling real estate and other investment assets.

Summary

  • The State Investment Board is authorized to create corporations, limited liability companies, and limited partnerships. The board is permitted to create these entities for the purposes of transferring, acquiring, holding, overseeing, operating or disposing of real estate, or other investment assets that are not publically traded on a daily basis or on an organized exchange.

From the Substitute Senate Bill Report (SHB 1586), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 31, 1997
  2. Out of committee
  3. Passed HouseMar 6, 1997
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Tom Huff (R-26)
Introduced
January 31, 1997 in the House
Last action
January 30, 1998
Requested by
Other
Companion bill
SB 5270
Budget
Has a fiscal note
Versions
HB 1586, SHB 1586

Sponsors

Prime sponsor: Tom Huff (R-26)

5 co-sponsors (2 Democrats, 3 Republicans)

Votes

House · Final Passage

March 6, 1997
Version voted on: SHB 1586
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat41001
Republican53003
How each member voted

Yea (94)

Excused (4)

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.

HB 1586 in other sessions

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

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