HB 3162 Bill, Authorizing the Creation of a State Bank, Introduced to the Washington State Legislature

On February 1, 2010, bill HB 3162, which authorizes the creation of a state bank, was introduced to the Washington State legislature.

Sponsors: Representatives Hasegawa, Hudgins, Chase, Simpson, Dickerson, Goodman

A public hearing has been scheduled next Tuesday, March 2, 2010, for HB 3162. There has been so much interest in this idea that Chair Kirby of the FI & I committee has scheduled a special work session on the bill.

Details for Public Hearing:
Financial Institutions & Insurance Committee – Tuesday, 03/02/10 8:00 am
House Hearing Room D
John L. O’Brien Building
Olympia, WA

Read about the bill here, the text of the original bill here, the “bill digest” here, and the “bill analysis” here.

5 Responses

  1. […] HB 3162 Bill, Authorizing the Creation of a State Bank, Introduced to the Washington State Legislatu… from Public Banking by Ellen Brown […]

  2. […] HB 3162 Bill, Authorizing the Creation of a State Bank, Introduced to the Washington State Legislatu… from Public Banking by Ellen Brown […]

  3. Your site was extremely interesting, especially since I was searching for more info on this just sa few days ago.

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  4. Update:

    Effective Contingent on Amending the Constitution.

    “The act is effective if a constitutional amendment, HCR 4224, is ratified by the voters at the next general election. If HCR 4224 is not ratified, the act is void in its entirety.”

    http://apps.leg.wa.gov/documents/billdocs/2009-10/Pdf/Bill%20Reports/House/3162%20HBA%20FII%2010.pdf

    Larry

  5. Thanks for the update, Larry!

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