BILL · 2019–20 SESSION

SB 6383: Retirement strategy funds

Concerning the retirement strategy funds in the plan 3 and the deferred compensation programs.

Summary

  • Provides the Washington State Investment Board (SIB) authority to include commingled funds managed by the SIB in the retirement strategy funds offered to members of the Plans 3 and the Deferred Compensation Plan offered by the Washington State Retirement Systems.

From the House Bill Report (SB 6383), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 160, Laws of 2020
  1. IntroducedJan 15, 2020
  2. Out of committeeJan 30, 2020
  3. Passed SenateFeb 13, 2020
  4. Passed HouseMar 5, 2020
  5. GovernorMar 25, 2020
  6. LawMar 25, 2020
Prime sponsor
Steve Conway (D-29)
Introduced
January 15, 2020 in the Senate
Last action
March 25, 2020
Session law
Chapter 160, Laws of 2020
Requested by
Other
Companion bill
HB 2341
Budget
Has a fiscal note

AN ACT Relating to the retirement strategy funds in the plan 3 and the deferred compensation programs;

Sponsors

Prime sponsor: Steve Conway (D-29)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed February 13, 2020
Version voted on: SB 6383
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican18002
How each member voted

House · 3rd Reading & Final Passage

Passed March 5, 2020
Version voted on: SB 6383
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56001
Republican41000
How each member voted

Yea (97)

Excused (1)

History

  1. Effective date 6/11/2020.
  2. Chapter 160, 2020 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. Referred to Rules 2 Review.
  11. APP - Majority; do pass.
  12. First reading, referred to Appropriations.
  13. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading consent calendar.
  16. Passed to Rules Committee for second reading.
  17. WM - Majority; do pass.
  18. First reading, referred to Ways & Means.

SB 6383 in other sessions

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

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