Establishing a task force to conduct a feasibility study to address the creation of a state-owned, public bank.
HB 2469 establishes a task force to study whether Washington should create a state-owned public bank modeled after North Dakota's bank. The task force, appointed by the state treasurer, includes representatives from community banks, credit unions, agriculture, mining, logging, transportation, and commercial construction industries. It will examine legal barriers, potential benefits like funding infrastructure and disaster supplies, capital needs, and governance over one year, with a report due to the legislature by December 2026. The bill does not create the bank but seeks to determine its feasibility as a potential tool for state economic development.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2026
Last action Jan 14, 2026
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No floor votes recorded yet.
Full legislative history
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1
Key actions
0
Committee
0
1 primary · 7 co-sponsors
Sponsors
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