FINAL BILL REPORT
HB 1420
C 226 L 99
Synopsis as Enacted
Brief Description: Providing a procedure for the state investment board to check the criminal history of prospective appointees and employees.
Sponsors: Representatives H. Sommers, Huff, Benson, Hatfield, McIntire and Wolfe; by request of State Investment Board.
House Committee on Financial Institutions & Insurance
Senate Committee on Commerce, Trade, Housing & Financial Institutions
Background:
The Legislature created the Washington State Investment Board (SIB) in 1981 to administer public trust and retirement funds. Washington law requires the SIB to establish investment policies and procedures that are designed to maximize return at a prudent level of risk. The SIB manages 27 funds which total approximately $49 billion.
Like other state agencies, the (SIB) may request a background check from the Washington State Patrol on applicants for certain employment positions.
Summary:
In addition to a criminal background check through the Washington State Patrol, the Washington State Investment Board may require a criminal history record check through the Federal Bureau of Investigation for candidates of certain positions of authority. The use of this information is limited and is exempt from public disclosure.
Votes on Final Passage:
House970
Senate470
Effective:July 25, 1999