CERTIFICATION OF ENROLLMENT
HOUSE
BILL 1421
Chapter 227, Laws of 1999
56th Legislature
1999 Regular Session
STATE INVESTMENT
BOARD--COMMINGLED TRUST FUNDS
EFFECTIVE DATE: 7/25/99
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Passed by the House March 3,
1999
Yeas 95 Nays 0
 CLYDE
BALLARD
Speaker of the House
of Representatives
 FRANK
CHOPP
Speaker of the House of
Representatives
Passed by the Senate April 14,
1999
Yeas 49 Nays 0
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CERTIFICATE
We, Dean R. Foster and Timothy
A. Martin, Co-Chief Clerks of the House of Representatives of the State of
Washington, do hereby certify that the attached is HOUSE BILL 1421 as
passed by the House of Representatives and the Senate on the dates hereon set
forth.
 DEAN
R. FOSTER
Chief
Clerk
TIMOTHY
A. MARTIN
Chief
Clerk
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|
BRAD
OWEN
President
of the Senate
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|
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Approved May 10, 1999 Place Style On Codes above, and Style Off Codes
below.
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FILED
May 10, 1999 - 4:10
p.m.
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|
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GARY
LOCKE
Governor
of the State of Washington
|
Secretary of
State
State of
Washington
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_______________________________________________
HOUSE
BILL 1421
_______________________________________________
Passed
Legislature - 1999 Regular Session
State
of Washington 56th Legislature 1999 Regular Session
By
Read
first time 01/25/1999. Referred to Committee on Financial Institutions &
Insurance.
Authorizing the state investment board to establish
additional commingled trust funds.
AN
ACT Relating to the state investment board; and amending RCW 43.33A.170.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec.
1. RCW
43.33A.170 and 1982 c 58 s 1 are each amended to read as follows:
((There
is established in the state treasury)) The state investment board ((commingled
trust fund)) is authorized to establish commingled trust funds in the
state treasury for the implementation of specific investment programs for any
combination of funds under its jurisdiction. At the discretion of the
state investment board, the funds under the jurisdiction of the board may
participate in the investments made by the board through ((the)) state
investment board commingled trust funds. The state investment board may
establish accounts within ((the)) any such commingled trust fund
as necessary for the implementation of specific investment programs. The
combining of moneys from funds located outside the state treasury with moneys
from funds located within the state treasury for investment under this section
shall not affect the nature, character, or purpose of a participating fund.
Passed the House March 3, 1999.
Passed the Senate April 14, 1999.
Approved by the Governor May
10, 1999.
Filed
in Office of Secretary of State May 10, 1999.