Concerning budget stabilization account transfers.
SB 5392 authorizes a $1.6325 billion transfer from Washington's budget stabilization account to the state general fund by June 15, 2026, to support state services. The bill requires repayment of $816.25 million to the stabilization account by June 30, 2028, and another $816.25 million by June 30, 2029. This transfer directly affects state budget operations, funding general fund services without altering the requirement to balance the budget in future years. The legislation establishes a clear repayment schedule for the temporary fund movement.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2026
Last action Jan 12, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
1
Jan 12, 2026
Introduced
By resolution, reintroduced and retained in present status.
upper
Feb 26, 2025
Upper · Passed
Public hearing in the Senate Committee on Ways & Means at 1:30 PM.
upper
1 primary · 1 co-sponsor
Sponsors
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