BILL · 2025–26 SESSION · LATEST VERSION SSB 5834

SB 5834: Retirement funds/expenses

Concerning payment of expenses from the earnings of retirement system trust funds.

Summary

  • Authorizes the Department of Retirement Systems to use the interest earnings of pension trust funds for fraud prevention.

From the Substitute House Bill Report (SSB 5834), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 68, Laws of 2026
  1. IntroducedJan 12, 2026
  2. Out of committeeFeb 4, 2026
  3. Passed SenateFeb 11, 2026
  4. Passed HouseMar 4, 2026
  5. GovernorMar 16, 2026
  6. LawMar 16, 2026
Prime sponsor
Steve Conway (D-29)
Introduced
January 12, 2026 in the Senate
Last action
March 16, 2026
Session law
Chapter 68, Laws of 2026
Requested by
State agency
Companion bill
HB 2125
Budget
Has a fiscal note
Versions
SB 5834, SSB 5834

AN ACT Relating to payment of expenses from the earnings of retirement system trust funds;

Sponsors

Prime sponsor: Steve Conway (D-29)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 11, 2026
Version voted on: SSB 5834
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican19000
How each member voted

House · 3rd Reading & Final Passage

Passed March 4, 2026
Version voted on: SSB 5834
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat58001
Republican39000
How each member voted

Yea (97)

Excused (1)

History

  1. Effective date 6/11/2026. (SSB 5834)
  2. Chapter 68, 2026 Laws. (SSB 5834)
  3. Governor signed. (SSB 5834)
  4. Delivered to Governor. (SSB 5834)
  5. President signed. (SSB 5834)
  6. Speaker signed. (SSB 5834)
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1. (SSB 5834)
  8. Rules suspended. Placed on Third Reading. (SSB 5834)
  9. Rules Committee relieved of further consideration. Placed on second reading. (SSB 5834)
  10. Referred to Rules 2 Review. (SSB 5834)
  11. APP - Executive action taken by committee. (SSB 5834)
  12. APP - Majority; do pass. (SSB 5834)
  13. First reading, referred to Appropriations. (SSB 5834)
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5834)
  15. Rules suspended. Placed on Third Reading. (SSB 5834)
  16. 1st substitute bill substituted. (SSB 5834)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (SSB 5834)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading. (SSB 5834)
  21. Passed to Rules Committee for second reading.
  22. Minority; without recommendation. (SSB 5834)
  23. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5834)
  24. WM - Majority; 1st substitute bill be substituted, do pass.
  25. Minority; without recommendation.
  26. First reading, referred to Ways & Means.
  27. Prefiled for introduction.

SB 5834 in other sessions

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

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