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States / Washington / SB 5541

SB 5541 In Committee

Concerning the Washington future fund pilot project.

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 Z-0278.1

SENATE BILL 5541

State of Washington

69th Legislature

2025 Regular Session

By Senators Trudeau, Harris, Valdez, Lovick, Salomon, Dhingra, Hasegawa, Kauffman, C. Wilson, Riccelli, Saldaña, Frame, Nobles, and Slatter; by request of State Treasurer

Read first time 01/28/25. Referred to Committee on Ways & Means.

AN ACT Relating to the Washington future fund pilot project; amending RCW 43.08.190 ; adding new sections to chapter 43.08 RCW; adding a new section to chapter 74.09 RCW; and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. (1) In 2022, the legislature directed the office of the state treasurer to study wealth inequity in the state and explore how a baby bond program could address these inequities.

(2) The study:

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