BILL · 2025–26 SESSION

SB 5541: Future fund pilot project

Concerning the Washington future fund pilot project.

Summary

  • Establishes a Future Fund Pilot Project (Project) in the Office of the State Treasurer, to award 40 grants of $25,000 to eligible applicants for expenses for education or the purchase of a home or business.
  • Requires evaluation of the Project's impacts on participants and a report to the Legislature.

From the Senate Bill Report (SB 5541), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2025
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Yasmin Trudeau (D-27)
Introduced
January 28, 2025 in the Senate
Last action
January 12, 2026
Requested by
State agency
Companion bill
HB 1661
Budget
Has a fiscal note

AN ACT Relating to the Washington future fund pilot project;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Ways & Means.

SB 5541 in other sessions

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

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