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SB 5616 - 2025-26

Concerning the Washington saves administrative trust account.
Sponsors: Hasegawa, Stanford, Nobles
By request: Department of Financial Institutions
Companion bill: HB 1477

Bill status-at-a-glance

As of Saturday, December 6, 2025 02:21 AM

Current version:

SB 5616

Current status:

C 190 L 25

Where is it in the process?

IntroducedIn committeeOn floorcalendarPassedchamberIn the Senate:In the House:
After passage:PassedLegislatureOn Governor'sdeskGovernoractedSession law

Bill status-at-a-glance

As of Saturday, December 6, 2025 02:21 AM

Current version:

SB 5616

Current status:

C 190 L 25

Where is it in the process?

IntroducedIn committeeOn floorcalendarPassedchamber
Senate:
House:
PassedLegislatureOn Governor'sdeskGovernoractedSession law
AfterPassage:

Bill history

2025 Regular Session

In the Senate

Jan 31
First reading, referred to Ways & Means. (View original bill)
Feb 13
Public hearing in the Senate Committee on Ways & Means at 4:00 PM. (Committee materials)
Feb 28
Executive action taken in the Senate Committee on Ways & Means at 1:30 PM. (Committee materials)
WM - Majority; do pass. (Majority report)
Passed to Rules Committee for second reading.
Mar 7
Placed on second reading by Rules Committee.
Mar 11
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 47; nays, 1; absent, 0; excused, 1. (View this roll call)

In the House

Mar 13
First reading, referred to Appropriations.
Mar 19
Public hearing in the House Committee on Appropriations at 4:00 PM. (Committee materials)
Mar 24
Executive action taken in the House Committee on Appropriations at 4:00 PM. (Committee materials)
APP - Majority; do pass. (Majority report)
Mar 27
Referred to Rules 2 Review.
Apr 10
Rules Committee relieved of further consideration. Placed on second reading.
Apr 14
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 94; nays, 2; absent, 0; excused, 2. (View this roll call)

In the Senate

Apr 18
President signed.

In the House

Apr 18
Speaker signed.

Other than legislative action

Apr 22
Delivered to Governor. (View bill as passed legislature)
Apr 30
Governor signed.
Chapter 190, 2025 Laws. (View session law)
Effective date 7/27/2025*.

Available documents

For a complete list of documents, go to Detailed Legislative Reports Text of a legislative document.

Fiscal note

(Not Available)

Amendments

Available videos