WA People
JOINT RESOLUTION · 2007–08 SESSION · LATEST VERSION ESSJR 8206

SJR 8206: Budget stabilization account

Creating the budget stabilization account in the state Constitution.

Summary

  • Amends the state Constitution to establish a Budget Stabilization Account, into which 1 percent of general state revenues is deposited annually.
  • Authorizes the Legislature to appropriate from the Budget Stabilization Account with a majority vote if forecasted employment growth is less than 1 percent or upon a declaration of emergency due to a catastrophic event, and with a three-fifths vote otherwise.

From the Substitute House Bill Report (SSJR 8206), written by the Legislature's nonpartisan staff. Read the full report ↗

Passed Legislature Passed Legislature · constitutional amendment sent to voters
  1. IntroducedJan 10, 2007
  2. Out of committeeFeb 8, 2007
  3. Passed SenateFeb 21, 2007
  4. Passed HouseApr 20, 2007
  5. Sent to votersApr 22, 2007
Prime sponsor
Lisa Brown (D-3)
Introduced
January 10, 2007 in the Senate
Last action
April 22, 2007
Requested by
Governor
Companion bill
HJR 4202
Versions
SJR 8206, ESSJR 8206

Sponsors

Prime sponsor: Lisa Brown (D-3)

16 co-sponsors (13 Democrats, 3 Republicans)

Joseph Zarelli R-18Tracey Eide D-30Mike Hewitt R-16Mary Margaret Haugen D-10Rosa Franklin D-29Derek Kilmer D-26Claudia Kauffman D-47Chris Marr D-6Marilyn Rasmussen D-2Jean Berkey D-38Senator D-35Karen Keiser D-33Rodney Tom D-48Rosemary McAuliffe D-1Linda Evans Parlette R-12Phil Rockefeller D-23

Votes

Senate · 3rd Reading & Final Passage

Passed February 21, 2007
Version voted on: ESSJR 8206
45 Yea 3 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28301
Republican17000
How each member voted

Excused (1)

Permalink to this vote

House · Final Passage

Passed April 20, 2007
Version voted on: ESSJR 8206
74 Yea 23 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat392301
Republican35000
How each member voted

Yea (74)

Excused (1)

Permalink to this vote

History

  1. Speaker signed. (ESSJR 8206)
  2. Filed with Secretary of State. (ESSJR 8206)
  3. President signed. (ESSJR 8206)
  4. Third reading, passed; yeas, 74; nays, 23; absent, 0; excused, 1. (ESSJR 8206)
  5. Rules suspended. Placed on Third Reading. (ESSJR 8206)
  6. Placed on second reading. (ESSJR 8206)
  7. Minority; without recommendation. (ESSJR 8206)
  8. APP - Majority; do pass. (ESSJR 8206)
  9. APP - Executive action taken by committee. (ESSJR 8206)
  10. First reading, referred to Appropriations. (ESSJR 8206)
  11. Third reading, passed; yeas, 45; nays, 3; absent, 0; excused, 1. (ESSJR 8206)
  12. Rules suspended. Placed on Third Reading. (ESSJR 8206)
  13. Floor amendment(s) adopted. (ESSJR 8206)
  14. 1st substitute bill substituted. (ESSJR 8206)
  15. 1st substitute bill substituted.
  16. Placed on second reading by Rules Committee. (ESSJR 8206)
  17. Placed on second reading by Rules Committee.
  18. Passed to Rules Committee for second reading. (ESSJR 8206)
  19. WM - Majority; 1st substitute bill be substituted, do pass. (ESSJR 8206)
  20. WM - Majority; 1st substitute bill be substituted, do pass.
  21. Passed to Rules Committee for second reading.
  22. First reading, referred to Ways & Means.

SJR 8206 in other sessions

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

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