WA People
BILL · 1999–00 SESSION · LATEST VERSION SSB 5058

SB 5058: Financial institutions

Regulating certain financial institutions.

Summary

  • $ Provides for the initial creation of state-chartered stock savings banks.
  • $ Clarifies authority of state-chartered savings banks to make certain decisions by a committee of the board of trustees, and to make decisions prospectively by policy or resolution.
  • $ Codifies other existing powers, authorities, and limitations of state chartered savings banks as derived from federal banking laws and Department of Financial Institutions administrative determinations.

From the Substitute House Bill Report (SSB 5058), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 14, Laws of 1999
  1. IntroducedJan 11, 1999
  2. Out of committee
  3. Passed SenateMar 3, 1999
  4. Passed HouseApr 6, 1999
  5. Governor
  6. LawApr 15, 1999
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 11, 1999 in the Senate
Last action
April 15, 1999
Session law
Chapter 14, Laws of 1999
Requested by
Other
Versions
SB 5058, SSB 5058

Sponsors

Prime sponsor: Margarita Prentice (D-11)

1 co-sponsor (0 Democrats, 1 Republican)

Shirley Winsley R-28

Votes

Senate · Final Passage

March 3, 1999
Version voted on: SSB 5058
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat27000
Republican21001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage

April 6, 1999
Version voted on: SSB 5058
92 Yea 0 Nay 0 Absent 6 Excused
PartyYeaNayAbsentExcused
Democrat45004
Republican47002
How each member voted

Yea (92)

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 5058 in other sessions

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

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