PRIA Logo™
WashingtonHB 18422025-2026 Regular SessionHouseWALLET

Allowing public utility districts to form, own, or use captive insurers.

Sponsored By: Mike Steele (Republican)

Became Law

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Public utility districts can own insurers

In Washington, public utility districts can now form, own, or use a captive insurer. A captive is an insurance company the utility owns to cover its own risks. This can cut insurance costs and help keep rates steadier. It also means the utility can keep more risk, so big losses could still affect customer rates. Captives must follow chapter 48.201 RCW rules.

Free Policy Watch

You just read the policy. Now see what it costs you.

Pick a topic. PRIA runs your household against live legislation and sends you a free personalized readout.

Pick a topic to get started

My TaxesMy HealthMy BudgetMy MoneyMy Freedom
Or tell us something more specific

Sponsors & Cosponsors

Sponsor

  • Mike Steele

    Republican • House

Cosponsors

  • Stephanie Barnard

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 144 • No: 0

Senate vote • 4/5/2025

3rd Reading & Final Passage

Yes: 48 • No: 0 • Other: 1

House vote • 3/11/2025

3rd Reading & Final Passage

Yes: 96 • No: 0 • Other: 2

Actions Timeline

  1. Effective date 7/27/2025.

    4/16/2025House

  2. Chapter 53, 2025 Laws.

    4/16/2025House

  3. Governor signed.

    4/16/2025legislature

  4. Delivered to Governor.

    4/11/2025legislature

  5. President signed.

    4/10/2025legislature

  6. Speaker signed.

    4/9/2025legislature

  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.

    4/5/2025House

  8. Rules suspended. Placed on Third Reading.

    4/5/2025House

  9. Placed on second reading consent calendar.

    4/2/2025House

  10. Passed to Rules Committee for second reading.

    3/31/2025House

  11. ENET - Majority; do pass.

    3/28/2025House

  12. First reading, referred to Environment, Energy & Technology.

    3/13/2025House

  13. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.

    3/11/2025House

  14. Rules suspended. Placed on Third Reading.

    3/11/2025House

  15. Rules Committee relieved of further consideration. Placed on second reading.

    2/28/2025House

  16. Referred to Rules 2 Review.

    2/21/2025House

  17. ENVI - Executive action taken by committee.

    2/20/2025House

  18. ENVI - Majority; do pass.

    2/20/2025House

  19. First reading, referred to Environment & Energy.

    2/5/2025House

  20. Introduced

    2/5/2025House

Bill Text

Related Bills

Back to State Legislation

Take It Personal

Get Your Personalized Policy View

Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in