WA People
BILL · 2019–20 SESSION · LATEST VERSION SHB 1592

HB 1592: Children's ed. savings acct.

Establishing the Washington children's educational savings account program.

Summary

  • Creates the Washington Children's Educational Savings Account (WCESA) Program to establish college savings accounts for low-income kindergartners in Washington public schools.
  • Requires the Student Achievement Council (Council) to administer the program, including establishing a master account within the DreamAhead College Investment Plan to automatically enroll eligible beneficiaries with $100 seed grants.
  • Requires the Washington State Institute for Public Policy to evaluate the WCESA Program.
  • Requires the Council to develop a pilot project to engage schools, school districts, and community organizations to innovatively market the WCESA program.

From the House Bill Report (HB 1592), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 24, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Chris Kilduff (D-28)
Introduced
January 24, 2019 in the House
Last action
January 13, 2020
Companion bill
SB 5704
Budget
Has a fiscal note
Versions
HB 1592, SHB 1592

AN ACT Relating to establishing the Washington children's educational savings account program;

Sponsors

Prime sponsor: Chris Kilduff (D-28)

17 co-sponsors (17 Democrats, 0 Republicans)

Mari Leavitt D-28Beth Doglio D-22Noel Frame D-36Steve Bergquist D-11Roger Goodman D-45Lillian Ortiz-Self D-21My-Linh Thai D-41Javier Valdez D-46Gerry Pollet D-46Lisa Callan D-5Monica Jurado Stonier D-49Sherry Appleton D-23John Lovick D-44Sharon Shewmake D-42Laurie Jinkins D-27Debra Lekanoff D-40Vandana Slatter D-48

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status. (SHB 1592)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Appropriations. (SHB 1592)
  4. Referred to Appropriations.
  5. CWD - Majority; 1st substitute bill be substituted, do pass. (SHB 1592)
  6. Minority; do not pass. (SHB 1592)
  7. Minority; do not pass.
  8. CWD - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to College & Workforce Development.

HB 1592 in other sessions

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

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