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WA HB2159

WA HB2159
Establishing the preK promise account.


summary

Introduced
01/12/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to establishing the preK promise account; 2 reenacting and amending RCW 43.79A.040 and 43.79A.040; adding a new 3 section to chapter 43.216 RCW; providing an effective date; providing 4 an expiration date; and declaring an emergency. 5

AI Summary

This bill establishes the "preK promise account" within the custody of the state treasurer, specifically for the early childhood education and assistance program, and mandates that all gifts, grants, or donations received for this account be deposited into it, with only the secretary authorized to approve expenditures; it also amends existing law (RCW 43.79A.040) to ensure that investment earnings from the treasurer's trust fund are distributed to this new preK promise account, alongside numerous other designated accounts, and that any remaining funds in the preK promise account will accumulate and not revert to the general fund at the end of a biennium, with Section 2 of the act expiring on July 1, 2030, and Section 3 taking effect on that date, all of which is declared an emergency measure for the immediate preservation of public peace, health, and safety.

Committee Categories

Budget and Finance

Sponsors (21)

Last Action

Referred to Rules 2 Review. (on 02/03/2026)

bill text


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