WA People
BILL · 2009–10 SESSION · LATEST VERSION SHB 2326

HB 2326: Bonds for toll facilities

Authorizing bonds for the financing of eligible toll facilities.

Summary

  • Authorizes the issuance of $1.95 billion in general obligation bonds for projects or improvements on the State Route 520 corridor.
  • Requires the state tolling authority to fix and adjust toll rates as necessary to support the repayment of bonds backed in whole or in part by toll revenues.
  • Empowers the State Finance Committee to include provisions and pledges in the bonds issued pursuant to the act regarding such issues as maintenance and operation of toll facilities, uses of toll revenues, the funding sources backing the bonds, the ratio of toll collections to debt service, the structure of the bonds, and conditions or limitations for the issuance of further bonds.

From the House Bill Report (HB 2326), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMar 27, 2009
  2. Out of committeeApr 6, 2009
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Judy Clibborn (D-41)
Introduced
March 27, 2009 in the House
Last action
March 15, 2010
Budget
Has a fiscal note
Versions
HB 2326, SHB 2326

AN ACT Relating to the authorization of bonds for the financing of eligible toll facilities;

Sponsors

Prime sponsor: Judy Clibborn (D-41)

1 co-sponsor (1 Democrat, 0 Republicans)

Brendan Williams D-22

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 2326)
  2. By resolution, reintroduced and retained in present status.
  3. Rules Committee relieved of further consideration. (SHB 2326)
  4. Referred to Transportation. (SHB 2326)
  5. By resolution, reintroduced and retained in present status. (SHB 2326)
  6. Referred to Transportation.
  7. Rules Committee relieved of further consideration.
  8. By resolution, reintroduced and retained in present status.
  9. Returned to Rules Committee for second reading. (SHB 2326)
  10. Returned to Rules Committee for second reading.
  11. Placed on second reading. (SHB 2326)
  12. Placed on second reading.
  13. Passed to Rules Committee for second reading. (SHB 2326)
  14. Passed to Rules Committee for second reading.
  15. Minority; do not pass. (SHB 2326)
  16. TR - Majority; 1st substitute bill be substituted, do pass. (SHB 2326)
  17. TR - Executive action taken by committee.
  18. TR - Majority; 1st substitute bill be substituted, do pass.
  19. Minority; do not pass.
  20. First reading, referred to Transportation.

HB 2326 in other sessions

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

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