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WashingtonSB 54122025-2026 Regular SessionSenateWALLET

Providing temporary interfund loans for school districts.

Sponsored By: June Robinson (Democratic)

Became Law

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

One-time property sales to fix budgets

A school board in binding conditions can ask the state superintendent to approve a sale of district real property. Approval is allowed only if the sale is needed to restore financial stability and prevent harm to student learning. Sale money can only be used to fix the problems that caused the binding conditions or to fund a temporary interfund loan under this law. A district can get this approval no more than once every 10 years, and the Superintendent sets transparency and tracking rules. By default, sale money goes to the debt service or capital projects fund, except as allowed under this authorization. Usual sale safeguards still apply: public notice and a hearing if the value is over $70,000, an appraisal, and a price of at least 90% of appraised value (with a narrow reappraisal exception).

Short-term cash loans for troubled districts

School districts in binding conditions or under enhanced oversight can borrow short term from their capital projects fund. The district must repay the full amount within one calendar year, with no interest, and the loan cannot harm planned capital projects. The board must pass a resolution that lists the loan amount, the funds, the repayment source, and the schedule, and the district must show all outstanding interfund loans in its financial reports. The law also lets the capital projects fund make these loans. Normally, interfund loans cannot be used to balance a budget, but two exceptions apply: loans made in fiscal year 2024 for post‑COVID stabilization (for up to two years), and loans authorized under this law. If a district is under enhanced oversight, a special administrator must approve the loan and unapproved or inconsistent financial actions are void; the Superintendent of Public Instruction issues rules.

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Sponsors & Cosponsors

Sponsor

  • June Robinson

    Democratic • Senate

Cosponsors

  • Mike Chapman

    Democratic • Senate

  • Rebecca Saldaña

    Democratic • Senate

  • T'wina Nobles

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 119 • No: 75

Senate vote • 4/17/2025

Final Passage as Amended by the House

Yes: 29 • No: 20

House vote • 4/14/2025

Final Passage as Amended by the House

Yes: 60 • No: 36 • Other: 2

Senate vote • 3/11/2025

3rd Reading & Final Passage

Yes: 30 • No: 19

Actions Timeline

  1. Effective date 7/27/2025.

    5/20/2025Senate

  2. Chapter 384, 2025 Laws.

    5/20/2025Senate

  3. Governor signed.

    5/20/2025legislature

  4. Delivered to Governor.

    4/23/2025legislature

  5. Speaker signed.

    4/22/2025legislature

  6. President signed.

    4/19/2025legislature

  7. Passed final passage; yeas, 29; nays, 20; absent, 0; excused, 0.

    4/17/2025Senate

  8. Senate concurred in House amendments.

    4/17/2025House

  9. Third reading, passed; yeas, 60; nays, 36; absent, 0; excused, 2.

    4/14/2025Senate

  10. Rules suspended. Placed on Third Reading.

    4/14/2025Senate

  11. Committee amendment(s) adopted as amended.

    4/14/2025Senate

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

    4/10/2025Senate

  13. Referred to Rules 2 Review.

    4/2/2025Senate

  14. Minority; do not pass.

    3/31/2025Senate

  15. ED - Majority; do pass with amendment(s).

    3/31/2025Senate

  16. ED - Executive action taken by committee.

    3/31/2025Senate

  17. First reading, referred to Education.

    3/13/2025Senate

  18. Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0.

    3/11/2025Senate

  19. Rules suspended. Placed on Third Reading.

    3/11/2025Senate

  20. 1st substitute bill substituted.

    3/11/2025Senate

  21. Placed on second reading by Rules Committee.

    3/7/2025Senate

  22. Passed to Rules Committee for second reading.

    2/13/2025Senate

  23. EDU - Majority; 1st substitute bill be substituted, do pass.

    2/12/2025Senate

  24. Minority; do not pass.

    2/12/2025Senate

  25. First reading, referred to Early Learning & K-12 Education.

    1/22/2025Senate

Bill Text

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