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
- IntroducedJan 28, 2025
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- 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
Prime sponsor: Yasmin Trudeau (D-27)
13 co-sponsors (12 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- 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.
- SB 5541 (2023–24) Supply chain transparency
- SB 5541 (2021–22) Newspapers/B&O tax
- SB 5541 (2019–20) Revenue reform task force
- SB 5541 (2017–18) Teen wages
- SB 5541 (2015–16) Electronic commerce taxation
- SB 5541 (2013–14) Real property redemption
- SB 5541 (2011–12) Transportation connectivity
- SB 5541 (2009–10) Catastrophic disability med