WA People
BILL · 2021–22 SESSION · LATEST VERSION EHB 1165

HB 1165: Credit union act

Concerning the Washington credit union act.

Summary

  • Modifies certain powers and authorities of state-chartered credit unions.
  • Authorizes credit unions to invest in the equity interest of corporations that are engaged in or planning activity that is incidental or complementary to the credit union's operations.
  • Allows credit unions to acquire real property without occupying the property within a designated period of time.

From the Engrossed House Bill Report (EHB 1165), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 15, Laws of 2022
  1. IntroducedJan 12, 2021
  2. Out of committeeJan 25, 2021
  3. Passed HouseFeb 3, 2021
  4. Passed SenateMar 1, 2022
  5. GovernorMar 11, 2022
  6. LawMar 11, 2022
Prime sponsor
Cindy Ryu (D-32)
Introduced
January 12, 2021 in the House
Last action
March 11, 2022
Session law
Chapter 15, Laws of 2022

AN ACT Relating to the Washington credit union act;

Sponsors

Prime sponsor: Cindy Ryu (D-32)

4 co-sponsors (2 Democrats, 2 Republicans)

Brandon Vick R-18Sharon Tomiko Santos D-37Larry Hoff R-18Kirsten Harris-Talley D-37

Votes

House · 3rd Reading & Final Passage

Passed February 3, 2021
Version voted on: EHB 1165
93 Yea 2 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat55002
Republican38201
How each member voted

Yea (93)

Nay (2)

Excused (3)

Permalink to this vote

House · 3rd Reading & Final Passage

Passed January 26, 2022
Version voted on: EHB 1165
84 Yea 13 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican271301
How each member voted

Yea (84)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed March 1, 2022
Version voted on: EHB 1165
43 Yea 5 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican14501
How each member voted

Excused (1)

Permalink to this vote

History

  1. Effective date 6/9/2022. (EHB 1165)
  2. Chapter 15, 2022 Laws. (EHB 1165)
  3. Governor signed. (EHB 1165)
  4. Delivered to Governor. (EHB 1165)
  5. Speaker signed. (EHB 1165)
  6. President signed. (EHB 1165)
  7. Third reading, passed; yeas, 43; nays, 5; absent, 0; excused, 1. (EHB 1165)
  8. Rules suspended. Placed on Third Reading. (EHB 1165)
  9. Placed on second reading by Rules Committee. (EHB 1165)
  10. Passed to Rules Committee for second reading. (EHB 1165)
  11. BFST - Majority; do pass. (EHB 1165)
  12. First reading, referred to Business, Financial Services & Trade. (EHB 1165)
  13. Third reading, passed; yeas, 84; nays, 13; absent, 0; excused, 1. (EHB 1165)
  14. Rules suspended. Placed on Third Reading. (EHB 1165)
  15. Committee amendment(s) adopted with no other amendments. (EHB 1165)
  16. Rules Committee relieved of further consideration. Placed on second reading. (EHB 1165)
  17. Referred to Rules 2 Review. (EHB 1165)
  18. CPB - Majority; do pass with amendment(s). (EHB 1165)
  19. CPB - Executive action taken by committee. (EHB 1165)
  20. Referred to Consumer Protection & Business. (EHB 1165)
  21. Rules Committee relieved of further consideration. (EHB 1165)
  22. By resolution, returned to House Rules Committee for third reading. (EHB 1165)
  23. Placed on second reading by Rules Committee. (EHB 1165)
  24. Passed to Rules Committee for second reading. (EHB 1165)
  25. BFST - Majority; do pass with amendment(s). (EHB 1165)
  26. First reading, referred to Business, Financial Services & Trade. (EHB 1165)
  27. Rules suspended. Placed on Third Reading. (EHB 1165)
  28. Third reading, passed; yeas, 93; nays, 2; absent, 0; excused, 3. (EHB 1165)
  29. Rules Committee relieved of further consideration. Placed on second reading. (EHB 1165)
  30. Referred to Rules 2 Review. (EHB 1165)
  31. CPB - Executive action taken by committee. (EHB 1165)
  32. CPB - Majority; do pass. (EHB 1165)
  33. First reading, referred to Consumer Protection & Business. (EHB 1165)

HB 1165 in other sessions

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

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