BILL · 2009–10 SESSION · LATEST VERSION SHB 1119

HB 1119: Nonprofit institution funds

Concerning the management of funds held by nonprofit institutions.

Summary

  • Adopts the Uniform Prudent Management of Institutional Funds Act, which updates and expands the standards that govern the management, investment, and expenditure of funds held by charitable institutions.

From the Substitute House Bill Report (SHB 1119), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 436, Laws of 2009
  1. IntroducedJan 14, 2009
  2. Out of committeeJan 26, 2009
  3. Passed HouseFeb 23, 2009
  4. Passed SenateApr 8, 2009
  5. GovernorMay 11, 2009
  6. LawMay 11, 2009
Prime sponsor
Jamie Pedersen (D-43)
Introduced
January 14, 2009 in the House
Last action
May 11, 2009
Session law
Chapter 436, Laws of 2009
Requested by
Other
Versions
HB 1119, SHB 1119

AN ACT Relating to the management of funds held by nonprofit institutions;

Sponsors

Prime sponsor: Jamie Pedersen (D-43)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

House · Final Passage

Passed February 23, 2009
Version voted on: SHB 1119
96 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat61001
Republican35000
How each member voted

Yea (96)

Excused (1)

Senate · Final Passage as Amended by the Senate

Passed April 8, 2009
Version voted on: SHB 1119
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat27004
Republican18000
How each member voted

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed April 22, 2009
Version voted on: SHB 1119
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat31000
Republican18000
How each member voted

House · Final Passage as Amended by the Senate

Passed April 24, 2009
Version voted on: SHB 1119
93 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat59003
Republican34002
How each member voted

Yea (93)

History

  1. Effective date 5/11/2009. (SHB 1119)
  2. Chapter 436, 2009 Laws. (SHB 1119)
  3. Governor signed. (SHB 1119)
  4. President signed. (SHB 1119)
  5. Delivered to Governor. (SHB 1119)
  6. Passed final passage; yeas, 93; nays, 0; absent, 0; excused, 5. (SHB 1119)
  7. Speaker signed. (SHB 1119)
  8. House concurred in Senate amendments. (SHB 1119)
  9. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SHB 1119)
  10. Rules suspended. Placed on Third Reading. (SHB 1119)
  11. Floor amendment(s) adopted. (SHB 1119)
  12. Returned to second reading for amendment. (SHB 1119)
  13. Rules suspended. (SHB 1119)
  14. Senate receded from amendments. (SHB 1119)
  15. House refuses to concur in Senate amendments. Asks Senate to recede from amendments. (SHB 1119)
  16. Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4. (SHB 1119)
  17. Rules suspended. Placed on Third Reading. (SHB 1119)
  18. Committee amendment adopted as amended. (SHB 1119)
  19. Placed on second reading consent calendar. (SHB 1119)
  20. JUD - Majority; do pass with amendment(s). (SHB 1119)
  21. Passed to Rules Committee for second reading. (SHB 1119)
  22. First reading, referred to Judiciary. (SHB 1119)
  23. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 1. (SHB 1119)
  24. Rules suspended. Placed on Third Reading. (SHB 1119)
  25. 1st substitute bill substituted. (SHB 1119)
  26. 1st substitute bill substituted.
  27. Placed on second reading by Rules Committee. (SHB 1119)
  28. Placed on second reading by Rules Committee.
  29. Passed to Rules Committee for second reading. (SHB 1119)
  30. Passed to Rules Committee for second reading.
  31. JUDI - Majority; 1st substitute bill be substituted, do pass. (SHB 1119)
  32. JUDI - Majority; 1st substitute bill be substituted, do pass.
  33. JUDI - Executive action taken by committee.
  34. First reading, referred to Judiciary.

HB 1119 in other sessions

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

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