Bill
Bill > SB5133
summary
Introduced
01/14/2019
01/14/2019
In Committee
04/01/2019
04/01/2019
Crossed Over
Passed
Dead
03/12/2020
03/12/2020
Introduced Session
2019-2020 Regular Session
Bill Summary
AN ACT Relating to state general obligation bonds and related1accounts; adding new sections to chapter 43.100A RCW; and declaring2an emergency.3
AI Summary
This bill authorizes the state finance committee to issue up to $3.06 billion in general obligation bonds to finance projects described in the omnibus capital and operating appropriations acts for the 2017-2019 and 2019-2021 biennia. The proceeds from the bond sale will be deposited in the state building construction account, with a portion going to the state taxable building construction account. The bonds will be repaid from the debt-limit general fund bond retirement account, to which the state treasurer will transfer funds as needed. The bill also provides that the legislature may provide additional means for repaying the bonds and declares the act to be immediately effective.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Senate Rules "X" file. (on 01/13/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=5133&Year=2019&Initiative=false | 01/15/2020 |
| State Bill Page | http://apps.leg.wa.gov/billinfo/summary.aspx?bill=5133&year=2019 | 01/12/2019 |
| BillText | http://lawfilesext.leg.wa.gov/biennium/2019-20/Pdf/Bills/Senate Bills/5133-S.pdf | 04/05/2019 |
| BillText | http://lawfilesext.leg.wa.gov/biennium/2019-20/Pdf/Bills/Senate Bills/5133.pdf | 01/12/2019 |
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