WA People
BILL · 2025–26 SESSION · LATEST VERSION SSB 5938

SB 5938: Foreclosure prevention fee

Concerning the foreclosure prevention fee.

Summary

  • Revises and specifies exemptions, a limitation, disclosures, and payment of the foreclosure prevention fee.
  • Authorizes the Department of Commerce (Commerce) to adopt rules.
  • Requires Commerce, in consultation with the Washington State Housing Finance Commission, to conduct a study on the feasibility of directing a portion of foreclosure prevention fee collections to establish a state homeowner assistance fund to provide direct financial assistance to certain homeowners.

From the Substitute Senate Bill Report (SSB 5938), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 156, Laws of 2026
  1. IntroducedJan 12, 2026
  2. Out of committeeJan 19, 2026
  3. Passed SenateFeb 4, 2026
  4. Passed HouseMar 3, 2026
  5. GovernorMar 23, 2026
  6. LawMar 23, 2026
Prime sponsor
Tina Orwall (D-33)
Introduced
January 12, 2026 in the Senate
Last action
March 23, 2026
Session law
Chapter 156, Laws of 2026
Budget
Has a fiscal note
Versions
SB 5938, SSB 5938

AN ACT Relating to the foreclosure prevention fee;

Sponsors

Prime sponsor: Tina Orwall (D-33)

2 co-sponsors (2 Democrats, 0 Republicans)

T'wina Nobles D-28Derek Stanford D-1

Votes

Senate · 3rd Reading & Final Passage

Passed February 4, 2026
Version voted on: SSB 5938
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican19000
How each member voted

Yea (49)

Permalink to this vote

House · Final Passage as Amended by the House

Passed March 3, 2026
Version voted on: SSB 5938
59 Yea 35 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat54203
Republican53301
How each member voted

Yea (59)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed March 9, 2026
Version voted on: SSB 5938
48 Yea 1 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican18100
How each member voted

Yea (48)

Nay (1)

Permalink to this vote

History

  1. Effective date 6/11/2026. (SSB 5938)
  2. Chapter 156, 2026 Laws. (SSB 5938)
  3. Governor signed. (SSB 5938)
  4. Delivered to Governor. (SSB 5938)
  5. Speaker signed. (SSB 5938)
  6. President signed. (SSB 5938)
  7. Passed final passage; yeas, 48; nays, 1; absent, 0; excused, 0. (SSB 5938)
  8. Senate concurred in House amendments. (SSB 5938)
  9. Third reading, passed; yeas, 59; nays, 35; absent, 0; excused, 4. (SSB 5938)
  10. Rules suspended. Placed on Third Reading. (SSB 5938)
  11. Committee amendment(s) adopted with no other amendments. (SSB 5938)
  12. Rules Committee relieved of further consideration. Placed on second reading. (SSB 5938)
  13. Referred to Rules 2 Review. (SSB 5938)
  14. Minority; without recommendation. (SSB 5938)
  15. HOUS - Majority; do pass with amendment(s). (SSB 5938)
  16. HOUS - Executive action taken by committee. (SSB 5938)
  17. First reading, referred to Housing. (SSB 5938)
  18. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5938)
  19. Rules suspended. Placed on Third Reading. (SSB 5938)
  20. 1st substitute bill substituted. (SSB 5938)
  21. 1st substitute bill substituted.
  22. Placed on second reading consent calendar. (SSB 5938)
  23. Placed on second reading consent calendar.
  24. Passed to Rules Committee for second reading. (SSB 5938)
  25. Passed to Rules Committee for second reading.
  26. HSG - Majority; 1st substitute bill be substituted, do pass. (SSB 5938)
  27. HSG - Majority; 1st substitute bill be substituted, do pass.
  28. First reading, referred to Housing.
  29. Prefiled for introduction.

SB 5938 in other sessions

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

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