WA People
BILL · 1997–98 SESSION · LATEST VERSION SSB 5628

SB 5628: Electrc & gas co. securities

Authorizing the utilities and transportation commission to exempt electrical and natural gas companies from securities regulation.

Summary

  • The WUTC is given the authority to exempt conditionally or unconditionally any security or class of securities and any electrical or natural gas company or class of electrical or natural gas companies from the statutory regulation of securities if it finds that regulation under the securities statutes is not required by the public interest.

From the Substitute Senate Bill Report (SSB 5628), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 4, 1997
  2. Out of committee
  3. Passed SenateMar 12, 1997
  4. Passed HouseApr 15, 1997
  5. Governorstopped here
  6. Law
Prime sponsor
Harold Hochstatter (R-13)
Introduced
February 4, 1997 in the Senate
Last action
February 12, 1998
Companion bill
HB 1658
Versions
SB 5628, SSB 5628

Sponsors

Prime sponsor: Harold Hochstatter (R-13)

3 co-sponsors (1 Democrat, 2 Republicans)

Alex Deccio R-14Lisa Brown D-3Gary Strannigan R-38

Votes

Senate · Final Passage

March 12, 1997
Version voted on: SSB 5628
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat23000
Republican24002
How each member voted

Yea (47)

Excused (2)

Permalink to this vote

House · Final Passage

April 15, 1997
Version voted on: SSB 5628
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat41001
Republican54002
How each member voted

Yea (95)

Excused (3)

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 5628 in other sessions

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

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