WA People
BILL · 2019–20 SESSION · LATEST VERSION SHB 2516

HB 2516: Retirement savings program

Creating the secure choice retirement savings program.

Summary

  • Creates the Secure Choice Retirement Savings Program (Program) at the Employment Security Department.
  • Requires certain employers to automatically enroll their employees into an individual retirement account in the Program.

From the House Bill Report (HB 2516), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 15, 2020
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Davina Duerr (D-1)
Introduced
January 15, 2020 in the House
Last action
February 7, 2020
Budget
Has a fiscal note
Versions
HB 2516, SHB 2516

AN ACT Relating to creating the secure choice retirement savings program;

Sponsors

Prime sponsor: Davina Duerr (D-1)

8 co-sponsors (8 Democrats, 0 Republicans)

Steve Kirby D-29Cindy Ryu D-32Chris Kilduff D-28Larry Springer D-45Gael Tarleton D-36Javier Valdez D-46Steve Tharinger D-24Timm Ormsby D-3

Votes

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

History

  1. Referred to Appropriations. (SHB 2516)
  2. CPB - Majority; 1st substitute bill be substituted, do pass. (SHB 2516)
  3. Minority; do not pass. (SHB 2516)
  4. Minority; do not pass.
  5. CPB - Majority; 1st substitute bill be substituted, do pass.
  6. Referred to Appropriations.
  7. First reading, referred to Consumer Protection & Business.

HB 2516 in other sessions

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

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