BILL · 2017–18 SESSION
HB 2059: Washington investment trust
Establishing the Washington investment trust.
Summary
- Establishes the Washington Investment Trust (Trust) to serve as a depository for state monies and federal transportation funds.
- Establishes a Trust Commission to be the primary governing authority of the Trust.
- Authorizes the Trust to invest deposited funds to facility financing and construction of public infrastructure.
From the House Bill Analysis 2017 (HB 2059), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 9, 2017
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Noel Frame (D-36)
- Introduced
- February 9, 2017 in the House
- Last action
- January 8, 2018
- Companion bill
- SB 5464
- Budget
- Has a fiscal note
AN ACT Relating to establishing the Washington investment trust;
Sponsors
Prime sponsor: Noel Frame (D-36)
17 co-sponsors (17 Democrats, 0 Republicans)
Lillian Ortiz-Self D-21Laurie Dolan D-22Beth Doglio D-22Mia Gregerson D-33Roger Goodman D-45Tina Orwall D-33Laurie Jinkins D-27Monica Jurado Stonier D-49Mike Sells D-38Sherry Appleton D-23Mike Chapman D-24Derek Stanford D-1Steve Tharinger D-24Shelley Kloba D-1Timm Ormsby D-3Sharon Tomiko Santos D-37Gerry Pollet D-46
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
HB 2059 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2059 (2025–26) State funds/private entities
- HB 2059 (2023–24) Sale of halal foods
- HB 2059 (2021–22) Real estate broker duties
- HB 2059 (2019–20) CTC diversity, equity, etc.
- HB 2059 (2015–16) Energy efficient constrction
- HB 2059 (2013–14) Eligible renewable resources
- HB 2059 (2011–12) Savings in education T.O.
- HB 2059 (2009–10) Pollution reducing vehicles