BILL · 2015–16 SESSION · LATEST VERSION ESSB 5029

SB 5029: Digital assets, access to

Concerning the revised uniform fiduciary access to digital assets act.

Summary

  • Sets standards for custodians of digital assets to follow when a fiduciary, acting for the owner of the digital assets, needs electronic information to perform management duties.
  • Applies to access for trustees, personal representatives of a deceased's estate, appointed guardians, and those appointed in a power of attorney to electronic information.
  • Allows the digital asset's owner to grant specific consent to disclosure by the custodian online or through other written directions in wills, trusts, powers of attorney, or other written notices.
  • The terms-of-service contract - absent the owner's specific written directions - controls and, if a consent term is not in the contract, provides default rules.

From the Engrossed Substitute Senate Bill Report (ESSB 5029), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 140, Laws of 2016
  1. IntroducedJan 12, 2015
  2. Out of committeeJan 22, 2016
  3. Passed SenateFeb 9, 2016
  4. Passed HouseMar 3, 2016
  5. GovernorMar 31, 2016
  6. LawMar 31, 2016
Prime sponsor
Jamie Pedersen (D-43)
Introduced
January 12, 2015 in the Senate
Last action
March 31, 2016
Session law
Chapter 140, Laws of 2016
Requested by
Other
Budget
Has a fiscal note
Versions
SB 5029, ESSB 5029

AN ACT Relating to the revised uniform fiduciary access to digital assets act;

Sponsors

Prime sponsor: Jamie Pedersen (D-43)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed February 9, 2016
Version voted on: ESSB 5029
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat24000
Republican24001
How each member voted

House · Final Passage as Amended by the House

Passed March 3, 2016
Version voted on: ESSB 5029
80 Yea 15 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat49100
Republican311403
How each member voted

Yea (80)

Excused (3)

Senate · Final Passage as Amended by the House

Passed March 7, 2016
Version voted on: ESSB 5029
47 Yea 1 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23100
Republican24001
How each member voted

History

  1. Governor signed. (ESSB 5029)
  2. Effective date 6/9/2016. (ESSB 5029)
  3. Chapter 140, 2016 Laws. (ESSB 5029)
  4. Delivered to Governor. (ESSB 5029)
  5. Speaker signed. (ESSB 5029)
  6. President signed. (ESSB 5029)
  7. Passed final passage; yeas, 47; nays, 1; absent, 0; excused, 1. (ESSB 5029)
  8. Senate concurred in House amendments. (ESSB 5029)
  9. Rules suspended. Placed on Third Reading. (ESSB 5029)
  10. Committee recommendations adopted and the bill amended. (ESSB 5029)
  11. Third reading, passed; yeas, 80; nays, 15; absent, 0; excused, 3. (ESSB 5029)
  12. Placed on second reading by Rules Committee. (ESSB 5029)
  13. Minority; do not pass. (ESSB 5029)
  14. JUDI - Majority; do pass with amendment(s). (ESSB 5029)
  15. Referred to Rules 2 Review. (ESSB 5029)
  16. First reading, referred to Judiciary (Not Officially read and referred until adoption of Introduction report). (ESSB 5029)
  17. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (ESSB 5029)
  18. Rules suspended. Placed on Third Reading. (ESSB 5029)
  19. Floor amendment(s) adopted. (ESSB 5029)
  20. 1st substitute bill substituted. (ESSB 5029)
  21. 1st substitute bill substituted.
  22. Placed on second reading by Rules Committee. (ESSB 5029)
  23. Placed on second reading by Rules Committee.
  24. Passed to Rules Committee for second reading. (ESSB 5029)
  25. Passed to Rules Committee for second reading.
  26. LAW - Majority; 1st substitute bill be substituted, do pass. (ESSB 5029)
  27. LAW - Majority; 1st substitute bill be substituted, do pass.
  28. By resolution, reintroduced and retained in present status.
  29. 2015 Interim - Work session in the Senate Committee on Law & Justice at 8:00 AM.
  30. By resolution, reintroduced and retained in present status.
  31. By resolution, reintroduced and retained in present status.
  32. By resolution, reintroduced and retained in present status.
  33. First reading, referred to Law & Justice.
  34. Prefiled for introduction.

SB 5029 in other sessions

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

Report wrong or missing information on this page