WA People
BILL · 2015–16 SESSION · LATEST VERSION ESSB 5826

SB 5826: Small business retirement

Creating the Washington small business retirement marketplace.

Summary

  • Creates the Washington Small Business Retirement Marketplace (Marketplace), which provides self-employed individuals and employers with fewer than 100 employees the opportunity to participate in retirement plans.
  • Requires the Department of Commerce (Commerce) to contract with private sector entities to establish the Marketplace and establish protocols for participation.
  • Requires the Marketplace to offer all private firms and plans that meet the requirements of the Marketplace to participate.
  • Requires the Director of Commerce to report to the Legislature every two years on the effectiveness and efficiency of the program.

From the Engrossed Substitute House Bill Report (ESSB 5826), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 296, Laws of 2015
  1. IntroducedFeb 4, 2015
  2. Out of committeeFeb 27, 2015
  3. Passed SenateMar 11, 2015
  4. Passed HouseApr 10, 2015
  5. GovernorMay 18, 2015
  6. LawMay 18, 2015
Prime sponsor
Mark Mullet (D-5)
Introduced
February 4, 2015 in the Senate
Last action
May 18, 2015
Session law
Chapter 296, Laws of 2015
Budget
Makes appropriations · Has a fiscal note
Versions
SB 5826, ESSB 5826

AN ACT Relating to creating the Washington small business retirement marketplace;

Sponsors

Prime sponsor: Mark Mullet (D-5)

1 co-sponsor (0 Democrats, 1 Republican)

Don Benton R-17

Votes

Senate · 3rd Reading & Final Passage

Passed March 11, 2015
Version voted on: ESSB 5826
29 Yea 20 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat23100
Republican61900
How each member voted
Permalink to this vote

House · Final Passage as Amended by the House

Passed April 10, 2015
Version voted on: ESSB 5826
57 Yea 40 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50100
Republican73901
How each member voted

Yea (57)

Excused (1)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 21, 2015
Version voted on: ESSB 5826
27 Yea 22 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat23100
Republican42100
How each member voted
Permalink to this vote

History

  1. Effective date 7/24/2015. (ESSB 5826)
  2. Chapter 296, 2015 Laws. (ESSB 5826)
  3. Governor signed. (ESSB 5826)
  4. Delivered to Governor. (ESSB 5826)
  5. Speaker signed. (ESSB 5826)
  6. President signed. (ESSB 5826)
  7. Passed final passage; yeas, 27; nays, 22; absent, 0; excused, 0. (ESSB 5826)
  8. Senate concurred in House amendments. (ESSB 5826)
  9. Third reading, passed; yeas, 57; nays, 40; absent, 0; excused, 1. (ESSB 5826)
  10. Rules suspended. Placed on Third Reading. (ESSB 5826)
  11. Committee amendment adopted as amended. (ESSB 5826)
  12. Floor amendment(s) adopted. (ESSB 5826)
  13. Placed on second reading by Rules Committee. (ESSB 5826)
  14. Referred to Rules 2 Review. (ESSB 5826)
  15. Minority; without recommendation. (ESSB 5826)
  16. Minority; do not pass. (ESSB 5826)
  17. APP - Majority; do pass with amendment(s). (ESSB 5826)
  18. First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report). (ESSB 5826)
  19. Third reading, passed; yeas, 29; nays, 20; absent, 0; excused, 0. (ESSB 5826)
  20. Rules suspended. Placed on Third Reading. (ESSB 5826)
  21. Floor amendment(s) adopted. (ESSB 5826)
  22. 1st substitute bill substituted. (ESSB 5826)
  23. 1st substitute bill substituted.
  24. Placed on second reading by Rules Committee. (ESSB 5826)
  25. Placed on second reading by Rules Committee.
  26. Made eligible to be placed on second reading. (ESSB 5826)
  27. Made eligible to be placed on second reading.
  28. WM - Majority; 1st substitute bill be substituted, do pass. (ESSB 5826)
  29. Minority; do not pass 1st substitute. (ESSB 5826)
  30. Minority; do not pass. (ESSB 5826)
  31. Passed to Rules Committee for second reading. (ESSB 5826)
  32. Passed to Rules Committee for second reading.
  33. Minority; do not pass.
  34. Minority; do not pass 1st substitute.
  35. WM - Majority; 1st substitute bill be substituted, do pass.
  36. Referred to Ways & Means.
  37. And refer to Ways & Means.
  38. FI - Majority; do pass.
  39. First reading, referred to Financial Institutions & Insurance.

SB 5826 in other sessions

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

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