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• Introduced by Sen. Karen Fraser, (D-Thurston County) (D) on January 11, 2010, requires the state finance committee to meet at least twice a year and determine the terms and conditions of all bonds, notes and other evidence of indebtedness and publish a summary at least onec a year. Also requires the state finance committee to publish the results of each debt issuance in a timely manner. (See also HB 2450).
  • Referred to the Senate Ways & Means Committee on January 11, 2010.
  • Referred to the Senate Rules Committee on January 21, 2010.
• Passed in the Senate (44 to 0) on January 29, 2010, to provide that the State Finance Committee must meet at least twice a year. It may delegate to the Treasurer the authority to determine dates of issuance, interest rates, price, maturities, redemption rights, and covenants. It may not delegate its authority to set the maximum bond issuance. [Vote Details and Comments]
• Received in the House on February 1, 2010.
  • Referred to the House Capital Budget Committee on February 1, 2010.