WA People
BILL · 2003–04 SESSION

SB 5361: Family development accounts

Creating family development accounts for low-income wage earners.

Summary

  • The Department of Community, Trade, and Economic Development (CTED) is authorized to implement a state funded Family Development Account (FDA) Program targeted to low-income wage earners, who are defined as those with income of less than 80 percent of the area median income, adjusted for household size. Deposits made by the low-income wage earner may be matched by qualified entities.

From the Senate Bill Report (SB 5361), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2003
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Aaron Reardon (D-38)
Introduced
January 23, 2003 in the Senate
Last action
January 12, 2004
Budget
Makes appropriations

AN ACT Relating to family development accounts for low-income wage earners;

Sponsors

Prime sponsor: Aaron Reardon (D-38)

3 co-sponsors (2 Democrats, 1 Republican)

Mark Doumit D-19Dave Schmidt R-44Jeanne Kohl-Welles D-36

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. First reading, referred to Economic Development.

SB 5361 in other sessions

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

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