WA People
BILL · 2003–04 SESSION

SB 5516: Extraordinary invstmnt gains

Making an additional payment to certain plan 1 and plan 3 retirees.

Summary

  • Provides that, beginning January 1, 2005, and on January 1st of odd-numbered years thereafter, the amount of extraordinary investment gains, if any, shall be used to provide a lump sum payment to each plan 1 retiree under chapters 41.32 and 41.40 RCW.

From the Bill Digest (SB 5516), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2003
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Don Carlson (R-49)
Introduced
January 28, 2003 in the Senate
Last action
January 12, 2004
Companion bill
HB 1426
Budget
Has a fiscal note

AN ACT Relating to extraordinary investment gain sharing for plans 1 and 3;

Sponsors

Prime sponsor: Don Carlson (R-49)

2 co-sponsors (1 Democrat, 1 Republican)

Karen Fraser D-22Shirley Winsley R-28

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 Ways & Means.

SB 5516 in other sessions

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

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