WA People
BILL · 2013–14 SESSION · LATEST VERSION ESSB 5082

SB 5082: Exchange facilitators

Concerning exchange facilitator requirements.

Summary

  • Modifies provisions of the exchange facilitator law related to deposit of client funds, claims on a fidelity bond, disclosures, custodial duties, prohibited practices, and criminal penalties.

From the Engrossed Substitute House Bill Report (ESSB 5082), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 228, Laws of 2013
  1. IntroducedJan 17, 2013
  2. Out of committeeJan 31, 2013
  3. Passed SenateFeb 15, 2013
  4. Passed HouseApr 12, 2013
  5. GovernorMay 14, 2013
  6. LawMay 14, 2013
Prime sponsor
Don Benton (R-17)
Introduced
January 17, 2013 in the Senate
Last action
May 14, 2013
Session law
Chapter 228, Laws of 2013
Budget
Has a fiscal note
Versions
SB 5082, ESSB 5082

AN ACT Relating to exchange facilitator requirements;

Sponsors

Prime sponsor: Don Benton (R-17)

1 co-sponsor (0 Democrats, 1 Republican)

John Smith R-7

Votes

Senate · 3rd Reading & Final Passage

Passed February 15, 2013
Version voted on: ESSB 5082
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat24002
Republican23000
How each member voted

Excused (2)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 12, 2013
Version voted on: ESSB 5082
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat53002
Republican42001
How each member voted

Yea (95)

Excused (3)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 22, 2013
Version voted on: ESSB 5082
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat25001
Republican22001
How each member voted

Excused (2)

Permalink to this vote

History

  1. Effective date 7/28/2013. (ESSB 5082)
  2. Chapter 228, 2013 Laws. (ESSB 5082)
  3. Governor signed. (ESSB 5082)
  4. Delivered to Governor. (ESSB 5082)
  5. Speaker signed. (ESSB 5082)
  6. President signed. (ESSB 5082)
  7. Passed final passage; yeas, 47; nays, 0; absent, 0; excused, 2. (ESSB 5082)
  8. Senate concurred in House amendments. (ESSB 5082)
  9. Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (ESSB 5082)
  10. Rules suspended. Placed on Third Reading. (ESSB 5082)
  11. Committee amendment adopted with no other amendments. (ESSB 5082)
  12. Placed on second reading by Rules Committee. (ESSB 5082)
  13. Passed to Rules Committee for second reading. (ESSB 5082)
  14. BFS - Majority; do pass with amendment(s). (ESSB 5082)
  15. BFS - Executive action taken by committee. (ESSB 5082)
  16. First reading, referred to Business & Financial Services. (ESSB 5082)
  17. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2. (ESSB 5082)
  18. Rules suspended. Placed on Third Reading. (ESSB 5082)
  19. Floor amendment(s) adopted. (ESSB 5082)
  20. 1st substitute bill substituted. (ESSB 5082)
  21. 1st substitute bill substituted.
  22. Placed on second reading by Rules Committee. (ESSB 5082)
  23. Placed on second reading by Rules Committee.
  24. Passed to Rules Committee for second reading. (ESSB 5082)
  25. Passed to Rules Committee for second reading.
  26. FIHI - Majority; 1st substitute bill be substituted, do pass. (ESSB 5082)
  27. FIHI - Majority; 1st substitute bill be substituted, do pass.
  28. First reading, referred to Financial Institutions, Housing & Insurance.

SB 5082 in other sessions

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

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