BILL · 2017–18 SESSION
SB 6215: Investment board comp.
Addressing the compensation and administrative expenses of the Washington state investment board.
Summary
- Exempts all employees of the Washington State Investment Board (SIB) from classified service under state civil service laws.
- Provides that compensation for all SIB personnel, rather than just the executive director, the director's confidential assistant, and investment officers, would be determined by the SIB.
- Removes the appropriation requirement for expenditures from the SIB expense account, used for administrative and compensation costs, and limits expenditures from the expense account to 0.03 percent of total assets managed by the SIB.
From the Senate Bill Report (Orig.) (SB 6215), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 10, 2018
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Mark Mullet (D-5)
- Introduced
- January 10, 2018 in the Senate
- Last action
- January 10, 2018
- Budget
- Has a fiscal note
AN ACT Relating to compensation and administrative expenses of the Washington state investment board;
Sponsors
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Ways & Means.
SB 6215 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6215 (2025–26) Fraud prevention/auditor
- SB 6215 (2023–24) Tax and revenue laws
- SB 6215 (2019–20) Indigency/public assistance
- SB 6215 (2015–16) Municipal water rights
- SB 6215 (2013–14) Natural gas companies/tax
- SB 6215 (2011–12) Low-income individuals
- SB 6215 (2009–10) Property tax relief increase
- SB 6215 (2007–08) Condominium associations