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
  1. IntroducedFeb 18, 2019
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. 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

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. 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.

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