BILL · 2019–20 SESSION
SB 5949: Washington investment trust
Establishing the Washington investment trust.
Summary
- Establishes the Washington Investment Trust (trust) to serve as a depositary for public funds, including state funds and federal transportation funds.
- Authorizes the trust to invest state funds to facilitate financing and construction of public infrastructure.
From the Senate Bill Report (Orig.) (SB 5949), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 18, 2019
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Bob Hasegawa (D-11)
- Introduced
- February 18, 2019 in the Senate
- Last action
- January 13, 2020
- Budget
- Has a fiscal note
AN ACT Relating to establishing the Washington investment trust;
Sponsors
Prime sponsor: Bob Hasegawa (D-11)
7 co-sponsors (7 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Financial Institutions, Economic Development & Trade.
SB 5949 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5949 (2025–26) Insurer taxes
- SB 5949 (2023–24) Capital budget, supplemental
- SB 5949 (2021–22) Dental auxiliaries
- SB 5949 (2017–18) Private school tests & grad.
- SB 5949 (2015–16) Alaskan Way viaduct project
- SB 5949 (2013–14) Liquor tx/alc, drug treatmnt
- SB 5949 (2011–12) Property tx exemp/intangible
- SB 5949 (2009–10) Occupational health & edu