BILL · 2025–26 SESSION · LATEST VERSION SSB 5194

SB 5194: State gen. obligation bonds

Concerning state general obligation bonds and related accounts.

Summary

  • Authorizes the State Finance Committee to issue up to $4.7 billion in general obligation bonds to finance capital projects in the 2023-25 and 2025-27 biennia and in future biennia.

From the Substitute House Bill Report (SSB 5194), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 415, Laws of 2025
  1. IntroducedJan 13, 2025
  2. Out of committeeApr 4, 2025
  3. Passed SenateApr 5, 2025
  4. Passed HouseApr 27, 2025
  5. GovernorMay 20, 2025
  6. LawMay 20, 2025
Prime sponsor
Yasmin Trudeau (D-27)
Introduced
January 13, 2025 in the Senate
Last action
May 20, 2025
Session law
Chapter 415, Laws of 2025
Requested by
State agency
Companion bill
HB 1202
Versions
SB 5194, SSB 5194

AN ACT Relating to state general obligation bonds and related accounts;

Sponsors

Prime sponsor: Yasmin Trudeau (D-27)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed April 5, 2025
Version voted on: SSB 5194
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat28002
Republican19000
How each member voted

Senate · Final Passage as Amended by the House

Passed April 27, 2025
Version voted on: SSB 5194
47 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican18001
How each member voted

House · Final Passage as Amended by the House

Passed April 27, 2025
Version voted on: SSB 5194
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat59000
Republican39000
How each member voted

Yea (98)

History

  1. Effective date 5/20/2025. (SSB 5194)
  2. Chapter 415, 2025 Laws. (SSB 5194)
  3. Governor signed. (SSB 5194)
  4. Delivered to Governor. (SSB 5194)
  5. Speaker signed. (SSB 5194)
  6. Senate concurred in House amendments. (SSB 5194)
  7. Rules suspended. Placed on Third Reading. (SSB 5194)
  8. Floor amendment(s) adopted. (SSB 5194)
  9. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (SSB 5194)
  10. Passed final passage; yeas, 47; nays, 0; absent, 0; excused, 1. (SSB 5194)
  11. President signed. (SSB 5194)
  12. Read first time, rules suspended, and placed on second reading calendar. (SSB 5194)
  13. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2. (SSB 5194)
  14. Rules suspended. Placed on Third Reading. (SSB 5194)
  15. 1st substitute bill substituted. (SSB 5194)
  16. 1st substitute bill substituted.
  17. Passed to Rules Committee for second reading. (SSB 5194)
  18. Placed on second reading by Rules Committee. (SSB 5194)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading.
  21. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5194)
  22. WM - Majority; 1st substitute bill be substituted, do pass.
  23. First reading, referred to Ways & Means.
  24. Prefiled for introduction.

SB 5194 in other sessions

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

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