WA People
BILL · 1997–98 SESSION

SB 5874: Financial inst. confidentlty

Establishing the confidentiality of voluntary compliance efforts by financial institutions.

Summary

  • State and federally chartered financial institutions are given a compliance review privilege. Generally, this privilege applies to self-critical analysis of a financial institution that ascertains, monitors, or remedies violations of state and federal statutes or rules.

From the Senate Bill Report (SB 5874), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 18, 1997
  2. Out of committee
  3. Passed SenateMar 17, 1997
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Patricia Hale (R-8)
Introduced
February 18, 1997 in the Senate
Last action
February 12, 1998
Companion bill
HB 1819

Sponsors

Prime sponsor: Patricia Hale (R-8)

1 co-sponsor (0 Democrats, 1 Republican)

Shirley Winsley R-28

Votes

Senate · Final Passage

March 17, 1997
Version voted on: SB 5874
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat22001
Republican26000
How each member voted

Yea (48)

Excused (1)

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 5874 in other sessions

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

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