WA People
BILL · 2023–24 SESSION

SB 5403: School depreciation subfunds

Establishing school district depreciation subfunds for the purposes of preventative maintenance.

Summary

  • Requires school districts with fewer than 2,000 students to establish a depreciation subfund to reserve funds for future facility and equipment needs, and establishes limits on the amount of money that may be deposited into the subfund.

From the House Bill Report (SB 5403), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 402, Laws of 2023
  1. IntroducedJan 16, 2023
  2. Out of committeeFeb 13, 2023
  3. Passed SenateMar 3, 2023
  4. Passed HouseApr 12, 2023
  5. GovernorMay 9, 2023
  6. LawMay 9, 2023
Prime sponsor
Mark Schoesler (R-9)
Introduced
January 16, 2023 in the Senate
Last action
May 9, 2023
Session law
Chapter 402, Laws of 2023
Budget
Has a fiscal note

AN ACT Relating to establishing school district depreciation subfunds for the purposes of preventative maintenance;

Sponsors

Prime sponsor: Mark Schoesler (R-9)

9 co-sponsors (4 Democrats, 5 Republicans)

Lisa Wellman D-41Nikki Torres R-15Matt Boehnke R-8Ron Muzzall R-10Perry Dozier R-16Patty Kuderer D-48Emily Randall D-26Claire Wilson D-30Lynda Wilson R-17

Votes

Senate · 3rd Reading & Final Passage

Passed March 3, 2023
Version voted on: SB 5403
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican19001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 12, 2023
Version voted on: SB 5403
89 Yea 8 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat49801
Republican40000
How each member voted

Yea (89)

Excused (1)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 18, 2023
Version voted on: SB 5403
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican19001
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/23/2023.
  2. Chapter 402, 2023 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Passed final passage; yeas, 48; nays, 0; absent, 0; excused, 1.
  8. Senate concurred in House amendments.
  9. Third reading, passed; yeas, 89; nays, 8; absent, 0; excused, 1.
  10. Rules suspended. Placed on Third Reading.
  11. Floor amendment(s) adopted.
  12. Rules Committee relieved of further consideration. Placed on second reading.
  13. Referred to Rules 2 Review.
  14. ED - Executive action taken by committee.
  15. Minority; without recommendation.
  16. ED - Majority; do pass.
  17. First reading, referred to Education.
  18. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  19. Rules suspended. Placed on Third Reading.
  20. Placed on second reading by Rules Committee.
  21. Passed to Rules Committee for second reading.
  22. EDU - Majority; do pass.
  23. First reading, referred to Early Learning & K-12 Education.

SB 5403 in other sessions

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

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