BILL · 2017–18 SESSION

SB 5085: Voidable transactions act

Enacting the uniform voidable transactions act.

Summary

Adopts the Uniform Law Commission amendments to the Uniform Fraudulent Transfer Act, including changing the title to the Uniform Voidable Transactions Act.
Adds provisions regarding choice of law and evidentiary matters, such as burden of proof.
Removes the special definition of "insolvency" for partnerships.
Addresses the treatment of "series organizations," a new type of business entity which cannot currently be formed under Washington law.
Includes two non-uniform amendments: (1) defining "reasonably equivalent value;" and (2) slightly broadening the defenses available to a good faith transferee.

From the House Bill Report (SB 5085), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 57, Laws of 2017

AN ACT Relating to enactment of the uniform voidable transactions act;

Passed March 2, 2017

Version voted on: SB 5085

49 Yea 0 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	25	0	0	0
Republican	24	0	0	0

How each member voted

Passed April 7, 2017

Version voted on: SB 5085

95 Yea 1 Nay 0 Absent 2 Excused

Party	Yea	Nay	Absent	Excused
Democrat	48	1	0	1
Republican	47	0	0	1

How each member voted

Apr 19, 2017Effective date 7/23/2017.
Apr 19, 2017Chapter 57, 2017 Laws.
Apr 19, 2017Governor signed.
Apr 13, 2017Delivered to Governor.
Apr 11, 2017Speaker signed.
Apr 10, 2017President signed.
Apr 7, 2017Third reading, passed; yeas, 95; nays, 1; absent, 0; excused, 2.
Apr 7, 2017Rules suspended. Placed on Third Reading.
Apr 6, 2017Placed on second reading by Rules Committee.
Mar 24, 2017Referred to Rules 2 Review.
Mar 22, 2017JUDI - Majority; do pass.
Mar 3, 2017First reading, referred to Judiciary (Not Officially read and referred until adoption of Introduction report).
Mar 2, 2017Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
Mar 2, 2017Rules suspended. Placed on Third Reading.
Mar 1, 2017Placed on second reading by Rules Committee.
Feb 9, 2017Passed to Rules Committee for second reading.
Feb 8, 2017LAW - Majority; do pass.
Jan 12, 2017First reading, referred to Law & Justice.

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

SB 5085 (2025–26) Closed retirement plans · Did not pass · passed Senate, stalled in House
SB 5085 (2023–24) School principals/employment · Did not pass · stalled on the Senate floor
SB 5085 (2021–22) Electric motorcycles/fees · Enacted · Chapter 149, Laws of 2022
SB 5085 (2019–20) Broadband internet access · Did not pass · died in committee
SB 5085 (2015–16) Gold star license plates · Enacted · Chapter 208, Laws of 2015
SB 5085 (2013–14) High capacity transportation · Did not pass · died in committee
SB 5085 (2011–12) Personal property/exemptions · Did not pass · stalled on the Senate floor
SB 5085 (2009–10) State highway route names · Did not pass · died in committee