BILL · 2021–22 SESSION · LATEST VERSION SHB 1861
HB 1861: Future fund trust fund
Creating the Washington future fund trust fund program.
Summary
- Creates the Washington Future Fund Trust Fund to provide a sum of money in a savings and investment account for individuals born into families with limited means for the purpose of postsecondary education, purchasing a home, or starting a business, provided the individual meets certain eligibility requirements and makes a claim for funds at the age of 18 through 30.
- Establishes and prescribes membership of the Washington Future Fund Trust Fund Committee.
From the House Bill Report (HB 1861), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 10, 2022
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Monica Jurado Stonier (D-49)
- Introduced
- January 10, 2022 in the House
- Last action
- January 31, 2022
- Requested by
- State agency
- Companion bill
- SB 5752
- Budget
- Makes appropriations · Has a fiscal note
- Versions
- HB 1861, SHB 1861
AN ACT Relating to the creation of the Washington future fund trust fund program;
Sponsors
Prime sponsor: Monica Jurado Stonier (D-49)
13 co-sponsors (12 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- Referred to Appropriations. (SHB 1861)
- Referred to Appropriations.
- Minority; do not pass. (SHB 1861)
- HHSV - Majority; 1st substitute bill be substituted, do pass. (SHB 1861)
- HHSV - Majority; 1st substitute bill be substituted, do pass.
- Minority; do not pass.
- HHSV - Executive action taken by committee.
- First reading, referred to Housing, Human Services & Veterans.
- Prefiled for introduction.
HB 1861 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1861 (2025–26) Smoke impacts/DNR burns
- HB 1861 (2023–24) Elections/language assist.
- HB 1861 (2019–20) Ballot rejection rates
- HB 1861 (2017–18) UW altern. contract-awarding
- HB 1861 (2015–16) Small business B&O tax defer
- HB 1861 (2013–14) Single-family homeownership
- HB 1861 (2011–12) State railroad property
- HB 1861 (2009–10) Alt healthcare practitioners