WA People
BILL · 2005–06 SESSION

HB 1594: Investment board

Directing the state investment board to invest in start-up and expanding businesses within the state of Washington.

Summary

  • Creates the Washington Growing Business Fund to invest in Washington based companies using at least $500 million of the Washington State Investment Board (WSIB) portfolio and to be managed in accordance with WSIB's investment policies and statutory requirements.
  • Requires a statement of investment principles to include which social, environmental, or ethical consideration, if any, were taken into account in the selection, retention, and realization of investments.

From the House Bill Analysis (HB 1594), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2005
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Kelli Linville (D-42)
Introduced
January 28, 2005 in the House
Last action
January 9, 2006
Budget
Has a fiscal note

AN ACT Relating to the Washington growing business fund;

Sponsors

Prime sponsor: Kelli Linville (D-42)

22 co-sponsors (14 Democrats, 8 Republicans)

Mary Skinner R-14Bill Fromhold D-49Bill Grant D-16Larry Haler R-8Hans Dunshee D-44Jim Dunn R-17Sharon Tomiko Santos D-37Mike Armstrong R-12Deb Wallace D-17Jeff Morris D-40Janéa Holmquist Newbry R-13Eric Pettigrew D-37Lynn Schindler R-4Phyllis Gutierrez Kenney D-46Dawn Morrell D-25William "Ike" Eickmeyer D-35Jay Rodne R-5Dave Upthegrove D-33Mary Lou Dickerson D-36Judy Clibborn D-41Jim Moeller D-49Shirley Hankins R-8

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Economic Development, Agriculture & Trade.

HB 1594 in other sessions

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

Report wrong or missing information on this page