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WA HB1468

Bill

Status

Passed

5/20/2025

Primary Sponsor

Nicole Macri

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Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Repeals 14 obsolete state accounts and funds, including the juvenile accountability incentive account, internet consumer access account, opportunity express account, Washington state flag account, commemorative works account, and down payment assistance account

  • Creates the institutional welfare account in the state treasury to consolidate the incarcerated individual betterment fund, with 25% of annual revenues transferred to the crime victims' compensation program

  • Renames and updates the federal broadband mapping account to the federal broadband account, expanding its use beyond mapping to include all broadband activities authorized under federal law and nonfederal match requirements

  • Extends the maximum duration of school district interfund loans made in fiscal year 2024 from two years to four years to address COVID-19 pandemic budget destabilization

  • Takes effect July 1, 2025 for most provisions, with section 6 (broadband account changes) taking effect immediately on May 20, 2025, and certain treasury investment provisions taking effect July 1, 2028 and July 1, 2030

Legislative Description

Concerning accounts.

Last Action

Effective date 7/1/2025*.

5/20/2025

Committee Referrals

Rules4/25/2025
Ways & Means4/21/2025
Rules4/8/2025
Appropriations1/21/2025

Full Bill Text

No bill text available