BILL · 2003–04 SESSION · LATEST VERSION SHB 2198

HB 2198: Section 6 of initiative 790

Removing the allocation of excess earnings from section 6 of Initiative Measure No. 790.

Summary

  • Amends Initiative 790 to remove the requirements that for the Law Enforcement Officers' and Fire Fighters' Retirement System Plan 2, "all earnings of the trust in excess of the actuarially assumed rate of investment return shall be used exclusively for additional benefit for members and beneficiaries."

From the Substitute House Bill Report (SHB 2198), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 93, Laws of 2003
  1. IntroducedMar 4, 2003
  2. Out of committeeMar 10, 2003
  3. Passed HouseApr 7, 2003
  4. Passed SenateApr 15, 2003
  5. GovernorApr 23, 2003
  6. LawApr 23, 2003
Prime sponsor
Mike Cooper (D-21)
Introduced
March 4, 2003 in the House
Last action
April 23, 2003
Session law
Chapter 93, Laws of 2003
Budget
Has a fiscal note
Versions
HB 2198, SHB 2198

AN ACT Relating to removing the allocation of excess earnings from section 6 of Initiative Measure No. 790;

Sponsors

Prime sponsor: Mike Cooper (D-21)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

Passed April 7, 2003
Version voted on: SHB 2198
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat51001
Republican44002
How each member voted

Yea (95)

Excused (3)

Senate · 3rd Reading & Final Passage

Passed April 15, 2003
Version voted on: SHB 2198
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat24000
Republican25000
How each member voted

History

  1. Effective date 4/23/2003. (SHB 2198)
  2. Chapter 93, 2003 Laws. (SHB 2198)
  3. Governor signed. (SHB 2198)
  4. President signed. (SHB 2198)
  5. Speaker signed. (SHB 2198)
  6. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SHB 2198)
  7. Rules suspended. Placed on Third Reading. (SHB 2198)
  8. Passed to Rules Committee for second reading. (SHB 2198)
  9. WM - Majority; do pass. (SHB 2198)
  10. Placed on second reading by Rules Committee. (SHB 2198)
  11. First reading, referred to Ways & Means. (SHB 2198)
  12. Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (SHB 2198)
  13. Placed on third reading by Rules Committee. (SHB 2198)
  14. Referred to Rules 3 Consideration. (SHB 2198)
  15. 1st substitute bill substituted. (SHB 2198)
  16. 1st substitute bill substituted.
  17. Placed on second reading by Rules Committee. (SHB 2198)
  18. Placed on second reading by Rules Committee.
  19. Passed to Rules Committee for second reading. (SHB 2198)
  20. Passed to Rules Committee for second reading.
  21. Minority; do not pass. (SHB 2198)
  22. APP - Majority; 1st substitute bill be substituted, do pass. (SHB 2198)
  23. APP - Executive action taken by committee.
  24. APP - Majority; 1st substitute bill be substituted, do pass.
  25. Minority; do not pass.
  26. First reading, referred to Appropriations.

HB 2198 in other sessions

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

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