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Legislation watch
2006 Senate Bill 6168: Regulating businesses engaging in economic development
Introduced by Sen. Darlene Fairley, (D-Lake Forest Park) (D) on December 21, 2005
To regulate business development companies and the participation of financial institutions and nondepository lenders in economic development within the state. See companion HB 2339. Official Text and Analysis.
Referred to the Senate Financial Institutions, Housing, and Consumer Protection Committee on January 9, 2006
Substitute offered to the Senate Financial Institutions, Housing, and Consumer Protection Committee on January 19, 2006
To clarify participation in BDCs by venture capitalists and other lenders.
The substitute passed by voice vote in the Senate on February 13, 2006
Referred to the Senate Ways & Means Committee on February 1, 2006
To regulate business development companies and the participation of financial institutions and nondepository lenders in economic development within the state.
Received in the House on February 14, 2006
Referred to the House Financial Institutions & Insurance Committee on February 14, 2006
Signed by Gov. Christine Gregoire on March 17, 2006
To regulate business development companies and the participation of financial institutions and nondepository lenders in economic development within the state.