CERTIFICATION OF ENROLLMENT

                  SUBSTITUTE SENATE BILL 5176

                        53rd Legislature

                      1993 Regular Session

Passed by the Senate April 20, 1993   YEAS 32   NAYS 14 President of the Senate Passed by the House April 8, 1993   YEAS 97   NAYS 0

CERTIFICATE I, Marty Brown, Secretary of the Senate of the State of Washington, do hereby certify that the attached is SUBSTITUTE SENATE BILL 5176 as passed by the Senate and the House of Representatives on the dates hereon set forth.

Speaker of the        House of Representatives

Secretary

Approved Place Style On Codes above, and Style Off Codes below.

FILED

Governor of the State of Washington

Secretary of State                        State of Washington

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                                            SUBSTITUTE SENATE BILL 5176

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                                                            AS AMENDED BY THE HOUSE

                                                       Passed Legislature - 1993 Regular Session

State of Washington                              53rd Legislature                             1993 Regular Session

By Senate Committee on Labor & Commerce (originally sponsored by Senators Vognild, Pelz, Moore, Wojahn and Fraser)

Read first time 03/02/93.

Concerning the cashing of government issued checks or warrants.

          AN ACT Relating to the cashing of government issued checks or warrants; and creating a new section.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  The supervisor of banking and the supervisor of savings and loan in conjunction with the state treasurer's office and the department of social and health services shall study methods by which the state of Washington can facilitate the movement of funds to individuals who receive public assistance including but not limited to:  Methods to limit the fees charged by financial institutions and other entities for the cashing of government checks and warrants; methods to ensure that presenters of government checks and warrants are properly identified; methods to encourage the offering by financial institutions of low cost checking accounts; and methods to encourage the development and use of debit cards and similar automated systems for the transfer of government funds to persons receiving public assistance.  The supervisor of banking and supervisor of savings and loan shall report their findings and recommendations to the legislature by January 1, 1994.

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