PRIA Logo™
WashingtonSB 62252025-2026 Regular SessionSenateWALLET

Authorizing bonds for transportation funding.

Sponsored By: Marko Liias (Democratic)

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

5 provisions identified: 3 benefits, 0 costs, 2 mixed.

More funding for SR 520 corridor

Beginning March 31, 2026, the state raises bond authority for the SR 520 corridor to $2.45 billion. The money funds location, design, right‑of‑way, and construction. Debt service is paid first from toll revenue and motor‑fuel taxes under state law.

New $800M highway bonds and repayment rules

Beginning March 31, 2026, the state sells up to $800 million in general‑obligation bonds for highway design, right‑of‑way, and construction. Sale proceeds go into the Move Ahead WA account and can only fund those projects, short‑term notes, and bond sale costs. Principal and interest are paid from the Highway Bond Retirement Fund, using fuel excise taxes and vehicle license fees first; the State Finance Committee certifies the needed amount each year and the Treasurer transfers it. These bonds share those revenues equally with similar bonds. No sale happens until lawmakers appropriate the net proceeds, and the committee may use short‑term borrowing. For this law, “vehicle‑related fees” means motor‑vehicle license fees under Title 46 used for highways.

Loans and matches for highway projects

Beginning March 31, 2026, the state authorizes up to $100 million in bonds for selected interstate and highway work. Up to $25 million can match demonstration projects, $50 million can temporarily pay the federal share, and $25 million can be loaned to local governments. Loans may last up to 10 years and must use the same interest rate as the bonds. If any of these bonds are not issued by June 30, 2026, the unused authority expires.

Bonds for District 1 DOT headquarters

Beginning March 31, 2026, the state authorizes $15 million in bonds to buy headquarters facilities for Transportation District 1. The Secretary of Transportation must request the bonds. If any bonds are not issued by June 30, 2026, the unused authority expires.

Bonds for public-private transport projects

Beginning March 31, 2026, the state authorizes $25.625 million in bonds to carry out public‑private transportation projects. The Secretary of Transportation must request the bonds. If any bonds are not issued by June 30, 2026, the unused authority expires.

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

  • Marko Liias

    Democratic • Senate

Cosponsors

  • Curtis King

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 157 • No: 38

Senate vote • 3/12/2026

Final Passage as Amended by the House

Yes: 49 • No: 0

House vote • 3/11/2026

Final Passage as Amended by the House

Yes: 59 • No: 38 • Other: 1

Senate vote • 2/27/2026

3rd Reading & Final Passage

Yes: 49 • No: 0

Actions Timeline

  1. Effective date 3/31/2026.

    3/31/2026Senate

  2. Chapter 256, 2026 Laws.

    3/31/2026Senate

  3. Governor signed.

    3/31/2026legislature

  4. Delivered to Governor.

    3/13/2026legislature

  5. Speaker signed.

    3/12/2026legislature

  6. President signed.

    3/12/2026legislature

  7. Passed final passage; yeas, 49; nays, 0; absent, 0; excused, 0.

    3/12/2026Senate

  8. Senate concurred in House amendments.

    3/12/2026House

  9. Third reading, passed; yeas, 59; nays, 38; absent, 0; excused, 1.

    3/11/2026Senate

  10. Rules suspended. Placed on Third Reading.

    3/11/2026Senate

  11. Committee amendment(s) adopted with no other amendments.

    3/11/2026Senate

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

    3/9/2026Senate

  13. Referred to Rules 2 Review.

    3/9/2026Senate

  14. TR - Executive action taken by committee.

    3/9/2026Senate

  15. Minority; without recommendation.

    3/9/2026Senate

  16. Minority; do not pass.

    3/9/2026Senate

  17. TR - Majority; do pass with amendment(s).

    3/9/2026Senate

  18. First reading, referred to Transportation.

    3/2/2026Senate

  19. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.

    2/27/2026Senate

  20. Rules suspended. Placed on Third Reading.

    2/27/2026Senate

  21. Placed on second reading by Rules Committee.

    2/27/2026Senate

  22. 1st substitute bill substituted.

    2/27/2026Senate

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

    2/26/2026Senate

  24. Passed to Rules Committee for second reading.

    2/26/2026Senate

  25. First reading, referred to Transportation.

    1/20/2026Senate

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