WA People
BILL · 2023–24 SESSION

SB 5978: School district-county loans

Authorizing the office of the superintendent of public instruction to act as a guarantor for a county when the county provides a loan to a school district.

Summary

  • Authorizes the Office of the Superintendent of Public Instruction (OSPI) to serve as guarantor for a county that has agreed to provide a loan to a school district that is on binding conditions.
  • Directs OSPI to adopt specific rules regarding this new authority, including a process for enhanced financial oversight of defaulting school districts.
  • Appropriates $10 million, or as much as is necessary, from the general fund to OSPI for the purpose of providing contingent guarantor funding, and establishes requirements to access this funding.

From the Senate Bill Report (SB 5978), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 8, 2024
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
June Robinson (D-38)
Introduced
January 8, 2024 in the Senate
Last action
January 31, 2024
Budget
Makes appropriations · Has a fiscal note

AN ACT Relating to the authority of the office of the superintendent of public instruction to act as a guarantor for a county when the county provides a loan to a school district;

Sponsors

Prime sponsor: June Robinson (D-38)

1 co-sponsor (1 Democrat, 0 Republicans)

T'wina Nobles D-28

Votes

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

History

  1. Minority; do not pass.
  2. And refer to Ways & Means.
  3. EDU - Majority; do pass.
  4. Referred to Ways & Means.
  5. First reading, referred to Early Learning & K-12 Education.
  6. Prefiled for introduction.

SB 5978 in other sessions

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

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