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SB 5194 Washington Senate · 2025-2026 Regular Session

Concerning state general obligation bonds and related accounts.

SB 5194 authorizes the state of Washington to issue nearly $4.7 billion in general obligation bonds. These bonds will finance various state capital projects outlined in the 2023-2025 and 2025-2027 fiscal biennia and future biennia. The proceeds are deposited into state building construction accounts and then transferred to specific accounts, including those for outdoor recreation, habitat conservation, farm and forest preservation, and early learning facilities. The state pledges its full faith and credit for repayment, using general state revenues to cover the principal and interest on these bonds.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $4.7B in bonds to fund capital projects including recreation, conservation, and education facilities, advancing state budget priorities through targeted appropriations.95% confidence ✓ EducationSupports EducationFunds early learning facilities, a direct educational infrastructure investment under bond proceeds for state capital projects.85% confidence ✓ EnvironmentSupports EnvironmentFunds habitat conservation, farm/forest preservation, and outdoor recreation accounts from bond proceeds, directly advancing environmental protection priorities.90% confidence
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 9, 2025 Signed May 20, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

Substitute Bill → Substitute Passed Legislature · 4 edits
MODERATE
The bill was finalized and passed by both legislative chambers, adding official certification details. The most significant change is a reduction in the total bond authorization amount from approximately $4.9 billion to $4.69 billion, with a corresponding shift in how the funds are allocated between general and taxable bond accounts.
Scope change
The bill's scope regarding the total amount of debt the state can issue was reduced, affecting the overall funding capacity for the described projects.
FISCAL

The total bond authorization amount was decreased from $4,900,622,000 to $4,686,979,000.

The allocation for the state building construction account was reduced from $4,417,751,000 to $4,123,420,000.

The allocation for the state taxable building construction account was increased from $482,871,000 to $563,559,000.

TECHNICAL

Official certification text confirming the bill was passed by the Senate and House on April 27, 2025, was added.

Floor votes · Senate Apr 27, 2025 · House Apr 27, 2025

How they voted

49–0
Passed · 1 other
Total votes 50
Apr 27, 2025
D Democratic30
30 Yea
100% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
23
Key actions
9
Committee
3
May 20, 2025
Signed into law
Governor signed.
executive
Apr 27, 2025
Lower · Passed
Speaker signed.
lower
Apr 27, 2025
Upper · Passed
President signed.
upper
Apr 27, 2025
Upper · Passed
Passed final passage; yeas, 47; nays, 0; absent, 0; excused, 1.
upper
Apr 27, 2025
Upper · Passed
Senate concurred in House amendments.
upper
Apr 27, 2025
Lower · Passed
Floor amendment(s) adopted.
lower
Apr 3, 2025
Upper · Passed
Executive action taken in the Senate Committee on Ways & Means at 1:30 PM.
upper
Apr 1, 2025
Upper · Passed
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
upper
Jan 13, 2025
Upper · Passed
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
upper
1 primary · 4 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Yasmin Trudeau
Yasmin Trudeau
DDemocratic
WA
27
Co
Photo of Mark Schoesler
Mark Schoesler
RRepublican
WA
9
Co
Photo of Mike Chapman
Mike Chapman
DDemocratic
WA
24
Co
Photo of Perry Dozier
Perry Dozier
RRepublican
WA
16
Co
Photo of T'wina Nobles
T'wina Nobles
DDemocratic
WA
28