Washington State Legislature called into special session.
The Washington State Legislature has included â€œfund transfersâ€ in its supplemental budget, passed during their second Special Session. A transfer from the Financial Services Regulation Fund is set at $3 million in the proposal from the governor.
As elected officials scramble to close billion dollar deficits in Olympia and Salem, two very different approaches are being pursued. WA House Democrats proposed a further $7 million sweep from DFI, while OR officials hope to avoid similar action.