BILL · 2023–24 SESSION

SB 5509: Public infrastructure bank

Creating the Washington state public infrastructure bank.

Summary

Provides authority to the state to activate a State Public Infrastructure Bank with a cooperative membership organization to lend to local and tribal governmental entities under certain conditions.
Permits local and tribal governments, along with the state, to be members of the State Public Infrastructure Bank.
Enables the State Public Infrastructure Bank to issue debt in the name of the bank rather than the state of Washington without creating state debt.

From the Senate Bill Report (SB 5509), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the creation of the Washington state public infrastructure bank;

No recorded floor votes. This measure never reached a floor vote.

Jan 8, 2024By resolution, reintroduced and retained in present status.
Jan 23, 2023First reading, referred to Business, Financial Services, Gaming & Trade.

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

SB 5509 (2025–26) Child care center siting · Enacted · Chapter 276, Laws of 2025
SB 5509 (2021–22) Fentanyl testing equipment · Did not pass · passed Senate, stalled in House
SB 5509 (2019–20) Election candidate names · Did not pass · died in committee
SB 5509 (2017–18) Carbon tax · Did not pass · died in committee
SB 5509 (2015–16) Occupational disease claims · Did not pass · stalled on the Senate floor
SB 5509 (2013–14) Home care/electr timekeeping · Did not pass · stalled on the Senate floor
SB 5509 (2011–12) Carbon dioxide emissions · Did not pass · stalled on the Senate floor
SB 5509 (2009–10) Rental car companies · Enacted · Chapter 346, Laws of 2009