Washington Legislative Week in Review

Washington State Legislature called into special session.

Washington State Legislature Likely to Sweep DFI Funds in Special Session

The Washington State Legislature has included “fund transfers” 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.

WA Leg. Proposes Sweep of DFI Funds, Budget Negotiations Continue in Salem

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.