Loading chat...
WA SB6304
Bill
Status
1/26/2026
Primary Sponsor
Yasmin Trudeau
Click for details
AI Summary
-
Requires the Washington State Investment Board to incorporate environmental, social, and governance (ESG) principles when assessing investment risk for public retirement and trust funds
-
Prohibits investments in companies contributing to human rights violations, weapons sales violating international law, private prisons, immigration detention services, gross environmental degradation, or tobacco production
-
Excludes companies deriving 10% or more revenue from coal mining or coal-based power generation, or those developing new coal infrastructure
-
Mandates the board develop proxy voting guidelines recognizing responsible investment principles and use shareholder voting to support resolutions reducing violations of these principles
-
Requires annual reporting to the legislature on how the board identifies and manages companies implicating responsible investment principles
Legislative Description
Ensuring that responsible principles of investing are incorporated into the investment decision making of the Washington state investment board.
Last Action
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
1/29/2026