WA People
BILL · 2001–02 SESSION

HB 1623: Investing surplus funds

Authorizing four-year public institutions of higher education to participate with the state in investing surplus funds.

Summary

  • $ Allows the public four-year institutions of higher education to participate in the investment of surplus funds.

From the House Bill Analysis (HB 1623), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 31, Laws of 2001
  1. IntroducedJan 31, 2001
  2. Out of committeeFeb 20, 2001
  3. Passed HouseMar 9, 2001
  4. Passed SenateApr 4, 2001
  5. GovernorApr 16, 2001
  6. LawApr 16, 2001
Prime sponsor
Phyllis Gutierrez Kenney (D-46)
Introduced
January 31, 2001 in the House
Last action
April 16, 2001
Session law
Chapter 31, Laws of 2001
Companion bill
SB 5159

AN ACT Relating to investments of surplus funds by four-year institutions of higher education;

Sponsors

Prime sponsor: Phyllis Gutierrez Kenney (D-46)

7 co-sponsors (3 Democrats, 4 Republicans)

Don Cox R-9Mary Skinner R-14Brad Benson R-6Jeff Gombosky D-3Phil Rockefeller D-23Jeanne Edwards D-1Joyce Mulliken R-13

Votes

House · Final Passage

Passed March 9, 2001
Version voted on: HB 1623
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat49000
Republican49000
How each member voted

Yea (98)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed April 4, 2001
Version voted on: HB 1623
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat24001
Republican24000
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/22/2001.
  2. Governor signed.
  3. Chapter 31, 2001 Laws.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Made eligible to be placed on second reading.
  11. Passed to Rules Committee for second reading.
  12. HIE - Majority; do pass.
  13. First reading, referred to Higher Education.
  14. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  15. Placed on third reading.
  16. Committee recommendations adopted.
  17. Placed on second reading suspension calendar by Rules Committee.
  18. Placed on second reading by Rules Committee.
  19. Passed to Rules Committee for second reading.
  20. HE - Majority; do pass.
  21. HE - Executive action taken by committee.
  22. First reading, referred to Higher Education.

HB 1623 in other sessions

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

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