BILL · 2015–16 SESSION · LATEST VERSION SHB 2936

HB 2936: Public investments

Concerning public investments.

Summary

Eliminates provisions authorizing the State of Washington or any local government to invest in any manner that is authorized for the state or other local governments.
Preserves the authority of the state or local governments to make investments that law specifically provides for those entities.
Requires that state or local government investments in commercial paper or corporate notes comply with policies adopted by the Washington State Investment Board.
Eliminates the authority of the State of Washington and local governments to invest in certain mortgage-related and financial institution-related debt.

From the Substitute House Bill Report (SHB 2936), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate

AN ACT Relating to public investments;

Passed February 17, 2016

Version voted on: SHB 2936

97 Yea 1 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	50	0	0	0
Republican	47	1	0	0

How each member voted

Mar 10, 2016By resolution, reintroduced and retained in present status. (SHB 2936)
Mar 10, 2016By resolution, returned to House Rules Committee for third reading. (SHB 2936)
Feb 19, 2016First reading, referred to Ways & Means. (SHB 2936)
Feb 17, 2016Third reading, passed; yeas, 97; nays, 1; absent, 0; excused, 0. (SHB 2936)
Feb 17, 2016Placed on third reading. (SHB 2936)
Feb 17, 2016Committee recommendations adopted and the 1st substitute bill substituted. (SHB 2936)
Feb 17, 2016Committee recommendations adopted and the 1st substitute bill substituted.
Feb 12, 2016Rules Committee relieved of further consideration. (SHB 2936)
Feb 12, 2016Placed on second reading suspension calendar. (SHB 2936)
Feb 12, 2016Placed on second reading suspension calendar.
Feb 12, 2016Rules Committee relieved of further consideration.
Feb 9, 2016Referred to Rules 2 Review. (SHB 2936)
Feb 9, 2016APP - Majority; 1st substitute bill be substituted, do pass. (SHB 2936)
Feb 9, 2016APP - Majority; 1st substitute bill be substituted, do pass.
Feb 9, 2016Referred to Rules 2 Review.
Jan 28, 2016First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report).

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

HB 2936 (2019–20) Predesign requirements · Did not pass · passed House, stalled in Senate
HB 2936 (2017–18) Tax rates and regressivity · Did not pass · died in committee
HB 2936 (2009–10) State student financial aid · Did not pass · died in committee
HB 2936 (2007–08) Confidential information · Did not pass · died in committee
HB 2936 (2005–06) Property tax exemption · Did not pass · died in committee
HB 2936 (2003–04) Criminal history checks · Did not pass · died in committee
HB 2936 (2001–02) Growth management · Did not pass · died in committee
HB 2936 (1999–00) RTA transit financing · Did not pass · died in committee