BILL · 2005–06 SESSION · LATEST VERSION SHB 2225

HB 2225: Higher edu endowment funds

Allowing certain higher education endowment grant funds to be deposited outside the state.

Summary

  • Creates an additional exemption to the prohibition on depositing public funds in out-of-state depositories for deposit of higher education endowment grants for specified study or research programs being performed outside of Washington.
  • Requires authorization of the Public Deposit Protection Commission (Commission).
  • Allows limitations in time, terms, and conditions as the Commission or Chair of the Commission deems appropriate.

From the Substitute House Bill Report (SHB 2225), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 203, Laws of 2005
  1. IntroducedFeb 24, 2005
  2. Out of committeeMar 2, 2005
  3. Passed HouseMar 15, 2005
  4. Passed SenateApr 13, 2005
  5. GovernorApr 26, 2005
  6. LawApr 26, 2005
Prime sponsor
Steve Kirby (D-29)
Introduced
February 24, 2005 in the House
Last action
April 26, 2005
Session law
Chapter 203, Laws of 2005
Requested by
State agency
Versions
HB 2225, SHB 2225

AN ACT Relating to allowing certain higher education endowment grant funds to be deposited outside the state;

Sponsors

Prime sponsor: Steve Kirby (D-29)

Votes

House · Final Passage

Passed March 15, 2005
Version voted on: SHB 2225
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican40002
How each member voted

Yea (96)

Excused (2)

Senate · 3rd Reading & Final Passage

Passed April 13, 2005
Version voted on: SHB 2225
46 Yea 0 Nay 1 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat25010
Republican21002
How each member voted

History

  1. Effective date 7/24/2005. (SHB 2225)
  2. Chapter 203, 2005 Laws. (SHB 2225)
  3. Governor signed. (SHB 2225)
  4. Delivered to Governor. (SHB 2225)
  5. President signed. (SHB 2225)
  6. Speaker signed. (SHB 2225)
  7. Third reading, passed; yeas, 46; nays, 0; absent, 1; excused, 2. (SHB 2225)
  8. Rules suspended. Placed on Third Reading. (SHB 2225)
  9. Placed on second reading by Rules Committee. (SHB 2225)
  10. Made eligible to be placed on second reading. (SHB 2225)
  11. Passed to Rules Committee for second reading. (SHB 2225)
  12. FHC - Majority; do pass. (SHB 2225)
  13. First reading, referred to Financial Institutions, Housing & Consumer Protection. (SHB 2225)
  14. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SHB 2225)
  15. Rules suspended. Placed on Third Reading. (SHB 2225)
  16. 1st substitute bill substituted. (SHB 2225)
  17. 1st substitute bill substituted.
  18. Placed on second reading. (SHB 2225)
  19. Placed on second reading.
  20. Passed to Rules Committee for second reading. (SHB 2225)
  21. Passed to Rules Committee for second reading.
  22. FII - Majority; 1st substitute bill be substituted, do pass. (SHB 2225)
  23. FII - Executive action taken by committee.
  24. FII - Majority; 1st substitute bill be substituted, do pass.
  25. First reading, referred to Financial Institutions & Insurance.

HB 2225 in other sessions

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

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