WA People
BILL · 2019–20 SESSION · LATEST VERSION SSB 5704

SB 5704: Children's ed. savings acct.

Establishing the Washington children's educational savings account program.

Summary

  • Creates the Washington Children's Education Savings Program.
  • Deposits $100 per eligible beneficiary in a Washington Children's Education Savings Account.
  • Requires the Washington Student Achievement Council to develop pilot programs to increase college savings and promote financial stability.

From the Senate Bill Report (Orig.) (SB 5704), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2019
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Marko Liias (D-21)
Introduced
January 28, 2019 in the Senate
Last action
January 13, 2020
Companion bill
HB 1592
Budget
Has a fiscal note
Versions
SB 5704, SSB 5704

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

Sponsors

Prime sponsor: Marko Liias (D-21)

14 co-sponsors (13 Democrats, 1 Republican)

Mark Mullet D-5Jeannie Darneille D-27Bob Hasegawa D-11Claire Wilson D-30Senator D-47Senator D-22Lisa Wellman D-41Maureen Walsh R-16Andy Billig D-3Joe Nguyen D-34Kevin Van De Wege D-24Steve Conway D-29Karen Keiser D-33Patty Kuderer D-48

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SSB 5704)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Ways & Means. (SSB 5704)
  4. Referred to Ways & Means.
  5. HEWD - Majority; 1st substitute bill be substituted, do pass. (SSB 5704)
  6. And refer to Ways & Means. (SSB 5704)
  7. And refer to Ways & Means.
  8. HEWD - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to Higher Education & Workforce Development.

SB 5704 in other sessions

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

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