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
  1. IntroducedFeb 9, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. 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

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. 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.

Report wrong or missing information on this page