WA People
BILL · 2011–12 SESSION · LATEST VERSION 2SSB 6140

SB 6140: Local econ devel. financing

Concerning local economic development financing.

Summary

  • Authorizes the creation of local economic development finance authorities that may issue taxable and tax-exempt nonrecourse revenue bond financing for economic development projects, participate in federal and other governmental economic development finance programs, and conduct programs to stimulate and encourage the development of new products.

From the Second Substitute House Bill Report (2SSB 6140), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 193, Laws of 2012
  1. IntroducedJan 12, 2012
  2. Out of committeeFeb 7, 2012
  3. Passed SenateFeb 13, 2012
  4. Passed HouseMar 1, 2012
  5. GovernorMar 29, 2012
  6. LawMar 29, 2012
Prime sponsor
Derek Kilmer (D-26)
Introduced
January 12, 2012 in the Senate
Last action
March 29, 2012
Session law
Chapter 193, Laws of 2012
Budget
Has a fiscal note
Versions
SB 6140, SSB 6140, 2SSB 6140

AN ACT Relating to local economic development financing;

Sponsors

Prime sponsor: Derek Kilmer (D-26)

6 co-sponsors (4 Democrats, 2 Republicans)

Senator R-2Curtis King R-14Debbie Regala D-27Steve Conway D-29Paull Shin D-21Maralyn Chase D-32

Votes

Senate · 3rd Reading & Final Passage

Passed February 13, 2012
Version voted on: 2SSB 6140
34 Yea 14 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26001
Republican81400
How each member voted

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the House

Passed March 1, 2012
Version voted on: 2SSB 6140
88 Yea 9 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican32901
How each member voted

Yea (88)

Excused (1)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed March 5, 2012
Version voted on: 2SSB 6140
33 Yea 15 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26001
Republican71500
How each member voted

Excused (1)

Permalink to this vote

History

  1. Effective date 6/7/2012. (2SSB 6140)
  2. Chapter 193, 2012 Laws. (2SSB 6140)
  3. Governor signed. (2SSB 6140)
  4. Speaker signed. (2SSB 6140)
  5. Delivered to Governor. (2SSB 6140)
  6. President signed. (2SSB 6140)
  7. Senate concurred in House amendments. (2SSB 6140)
  8. Passed final passage; yeas, 33; nays, 15; absent, 0; excused, 1. (2SSB 6140)
  9. Rules suspended. Placed on Third Reading. (2SSB 6140)
  10. Committee amendment adopted with no other amendments. (2SSB 6140)
  11. Third reading, passed; yeas, 88; nays, 9; absent, 0; excused, 1. (2SSB 6140)
  12. Rules Committee relieved of further consideration. Placed on second reading. (2SSB 6140)
  13. Referred to Rules 2 Review. (2SSB 6140)
  14. Minority; without recommendation. (2SSB 6140)
  15. CB - Majority; do pass with amendment(s) by Community & Economic Development & Housing. (2SSB 6140)
  16. CB - Executive action taken by committee. (2SSB 6140)
  17. Referred to Capital Budget. (2SSB 6140)
  18. CDH - Executive action taken by committee. (2SSB 6140)
  19. Minority; do not pass. (2SSB 6140)
  20. CDH - Majority; do pass with amendment(s). (2SSB 6140)
  21. First reading, referred to Community & Economic Development & Housing. (2SSB 6140)
  22. Third reading, passed; yeas, 34; nays, 14; absent, 0; excused, 1. (2SSB 6140)
  23. Rules suspended. Placed on Third Reading. (2SSB 6140)
  24. 2nd substitute bill substituted. (2SSB 6140)
  25. 2nd substitute bill substituted. (SSB 6140)
  26. 2nd substitute bill substituted.
  27. Placed on second reading by Rules Committee. (2SSB 6140)
  28. Placed on second reading by Rules Committee. (SSB 6140)
  29. Placed on second reading by Rules Committee.
  30. Minority; do not pass. (2SSB 6140)
  31. WM - Majority; 2nd substitute bill be substituted, do pass. (2SSB 6140)
  32. Minority; without recommendation. (2SSB 6140)
  33. Passed to Rules Committee for second reading. (2SSB 6140)
  34. Passed to Rules Committee for second reading. (SSB 6140)
  35. Minority; without recommendation. (SSB 6140)
  36. WM - Majority; 2nd substitute bill be substituted, do pass. (SSB 6140)
  37. Minority; do not pass. (SSB 6140)
  38. Minority; do not pass.
  39. WM - Majority; 2nd substitute bill be substituted, do pass.
  40. Minority; without recommendation.
  41. Passed to Rules Committee for second reading.
  42. On motion, referred to Ways & Means. (SSB 6140)
  43. On motion, referred to Ways & Means.
  44. Minority; without recommendation. (SSB 6140)
  45. EDTI - Majority; 1st substitute bill be substituted, do pass. (SSB 6140)
  46. EDTI - Majority; 1st substitute bill be substituted, do pass.
  47. Minority; without recommendation.
  48. First reading, referred to Economic Development, Trade & Innovation.

SB 6140 in other sessions

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

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