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Senate Bill 5616 would rename Washington Saves Administrative Treasury Trust account; staff report suggests no fiscal impact
2705938 · March 19, 2025
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Summary
A brief staff briefing explained that Senate Bill 5616 renames the Washington Saves Administrative Treasury Trust account to the Washington Saves Administrative Trust account; both the Department of Financial Institutions and the State Treasurer estimate no fiscal impact and no public testimony was recorded.
The committee received a short staff briefing on Senate Bill 5616, a Department of Financial Institutions request to amend the name of an existing account for the Washington Saves automatic enrollment…
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