WA People
BILL · 2023–24 SESSION · LATEST VERSION 2SHB 1474

HB 1474: Covenant homeownership prg.

Creating the covenant homeownership account and program to address the history of housing discrimination due to racially restrictive real estate covenants in Washington state.

Summary

  • Creates the Covenant Homeownership Account and a document recording assessment of $100 to fund the Covenant Homeownership Program (CHP).
  • Requires the Department of Commerce to contract with the Washington State Housing Finance Commission (Commission) to create one or more special purpose credit programs to provide down payment and closing cost assistance to one or more economically disadvantaged classes of persons identified in a CHP study.
  • Requires the Commission to complete an initial CHP study by March 1, 2024, and updated studies every five years after the initial study is completed.
  • Creates an oversight committee established by the Department of Financial Institutions to oversee and review the Commission's activities and performance related to the CHP.

From the Second Substitute House Bill Report (2SHB 1474), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 340, Laws of 2023
  1. IntroducedJan 20, 2023
  2. Out of committeeFeb 24, 2023
  3. Passed HouseMar 2, 2023
  4. Passed SenateApr 7, 2023
  5. GovernorMay 8, 2023
  6. LawMay 8, 2023
Prime sponsor
Jamila Taylor (D-30)
Introduced
January 20, 2023 in the House
Last action
May 8, 2023
Session law
Chapter 340, Laws of 2023
Companion bill
SB 5496
Budget
Has a fiscal note
Versions
HB 1474, SHB 1474, 2SHB 1474

AN ACT Relating to creating the covenant homeownership account and program to address the history of housing discrimination due to racially restrictive real estate covenants in Washington state;

Sponsors

Prime sponsor: Jamila Taylor (D-30)

43 co-sponsors (43 Democrats, 0 Republicans)

Frank Chopp D-43April Berg D-44Strom Peterson D-21Julia Reed D-36Monica Jurado Stonier D-49Mia Gregerson D-33Dan Bronoske D-28Julio Cortes D-38Sharlett Mena D-29Chipalo Street D-37Alex Ramel D-40Mary Fosse D-38Jake Fey D-27Roger Goodman D-45Davina Duerr D-1Jessica Bateman D-22Melanie Morgan D-29Emily Alvarado D-34Nicole Macri D-43Tana Senn D-41Liz Berry D-36Shelley Kloba D-1David Hackney D-11Larry Springer D-45Vandana Slatter D-48Lisa Callan D-5Tina Orwall D-33Darya Farivar D-46Tarra Simmons D-23Lillian Ortiz-Self D-21My-Linh Thai D-41Cindy Ryu D-32Chris Stearns D-47Sharon Wylie D-49Bill Ramos D-5Beth Doglio D-22Marcus Riccelli D-3Mike Chapman D-24Sharon Tomiko Santos D-37Lauren Davis D-32Timm Ormsby D-3Steve Bergquist D-11Gerry Pollet D-46

Votes

House · 3rd Reading & Final Passage

Passed March 2, 2023
Version voted on: 2SHB 1474
53 Yea 43 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat53302
Republican04000
How each member voted

Yea (53)

Excused (2)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed April 7, 2023
Version voted on: 2SHB 1474
30 Yea 19 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican11900
How each member voted
Permalink to this vote

House · Final Passage as Amended by the Senate

Passed April 17, 2023
Version voted on: 2SHB 1474
52 Yea 44 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat52402
Republican04000
How each member voted

Yea (52)

Excused (2)

Permalink to this vote

History

  1. Governor signed. (2SHB 1474)
  2. Effective date 7/23/2023*. (2SHB 1474)
  3. Chapter 340, 2023 Laws. (2SHB 1474)
  4. Delivered to Governor. (2SHB 1474)
  5. President signed. (2SHB 1474)
  6. Speaker signed. (2SHB 1474)
  7. Passed final passage; yeas, 52; nays, 44; absent, 0; excused, 2. (2SHB 1474)
  8. House concurred in Senate amendments. (2SHB 1474)
  9. Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0. (2SHB 1474)
  10. Rules suspended. Placed on Third Reading. (2SHB 1474)
  11. Committee amendment(s) adopted with no other amendments. (2SHB 1474)
  12. Placed on second reading by Rules Committee. (2SHB 1474)
  13. Passed to Rules Committee for second reading. (2SHB 1474)
  14. Minority; without recommendation. (2SHB 1474)
  15. Minority; do not pass. (2SHB 1474)
  16. WM - Majority; do pass with amendment(s). (2SHB 1474)
  17. Referred to Ways & Means. (2SHB 1474)
  18. And refer to Ways & Means. (2SHB 1474)
  19. Minority; without recommendation. (2SHB 1474)
  20. Minority; do not pass. (2SHB 1474)
  21. HSG - Majority; do pass with amendment(s). (2SHB 1474)
  22. First reading, referred to Housing. (2SHB 1474)
  23. Third reading, passed; yeas, 53; nays, 43; absent, 0; excused, 2. (2SHB 1474)
  24. Rules suspended. Placed on Third Reading. (2SHB 1474)
  25. 2nd substitute bill substituted. (2SHB 1474)
  26. 2nd substitute bill substituted. (SHB 1474)
  27. 2nd substitute bill substituted.
  28. Rules Committee relieved of further consideration. Placed on second reading. (2SHB 1474)
  29. Rules Committee relieved of further consideration. Placed on second reading. (SHB 1474)
  30. Rules Committee relieved of further consideration. Placed on second reading.
  31. Referred to Rules 2 Review. (2SHB 1474)
  32. Minority; do not pass. (2SHB 1474)
  33. APP - Majority; 2nd substitute bill be substituted, do pass. (2SHB 1474)
  34. Minority; without recommendation. (2SHB 1474)
  35. Minority; without recommendation. (SHB 1474)
  36. APP - Majority; 2nd substitute bill be substituted, do pass. (SHB 1474)
  37. Minority; do not pass. (SHB 1474)
  38. Referred to Rules 2 Review. (SHB 1474)
  39. APP - Executive action taken by committee. (SHB 1474)
  40. APP - Executive action taken by committee.
  41. Referred to Rules 2 Review.
  42. Minority; do not pass.
  43. APP - Majority; 2nd substitute bill be substituted, do pass.
  44. Minority; without recommendation.
  45. Referred to Appropriations. (SHB 1474)
  46. Referred to Appropriations.
  47. HOUS - Majority; 1st substitute bill be substituted, do pass. (SHB 1474)
  48. Minority; without recommendation. (SHB 1474)
  49. HOUS - Executive action taken by committee.
  50. Minority; without recommendation.
  51. HOUS - Majority; 1st substitute bill be substituted, do pass.
  52. First reading, referred to Housing.

HB 1474 in other sessions

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

Report wrong or missing information on this page