WA People
BILL · 2015–16 SESSION

SB 5553: Washington investment trust

Creating the Washington investment trust.

Summary

  • Creates the Washington investment trust as a legacy institution that amasses sufficient capital reserves to address opportunities now and in the future. Creates the Washington investment trust commission as the primary governing authority of the trust. Creates the trust transition board and the investment trust advisory board.

From the Bill Digest (SB 5553), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Bob Hasegawa (D-11)
Introduced
January 23, 2015 in the Senate
Last action
March 10, 2016

AN ACT Relating to establishing the Washington investment trust;

Sponsors

Prime sponsor: Bob Hasegawa (D-11)

7 co-sponsors (7 Democrats, 0 Republicans)

Maralyn Chase D-32Pramila Jayapal D-37Christine Rolfes D-23Jeannie Darneille D-27Steve Conway D-29Senator D-46Jeanne Kohl-Welles D-36

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Financial Institutions & Insurance.

SB 5553 in other sessions

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

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