SB5797Introduced in the Senate
Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Introduced by Noel Frame, District 36
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Where it stands
Rules Committee relieved of further consideration. On motion, referred to Ways & Means.
January 12, 2026
How did lawmakers vote?
SenateStage: Senate 3rd Reading & Final Passage · April 27, 2025
26
Yes
21
No
1
Absent or Not Voting
48 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Marcus Riccelli | 003A | Yes |
| Leonard Christian | 004B | No |
| Keith Goehner | 012A | No |
| Paul Harris | 017B | No |
| Jessica Bateman | 022B | Yes |
| Mike Chapman | 024A | Yes |
| Tina Orwall | 033A | Yes |
| Emily Alvarado | 034A | Yes |
| Vandana Slatter | 048A | Yes |
| Derek Stanford | 1 | Yes |
Bill history
First reading, referred to Ways & Means.
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
Executive action taken in the Senate Committee on Ways & Means at 9:00 AM.
WM - Majority; 1st substitute bill be substituted, do pass.
Minority; do not pass.
Minority; without recommendation.
Passed to Rules Committee for second reading.
Placed on second reading by Rules Committee.
1st substitute bill not substituted.
Floor amendment
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 26; nays, 21; absent, 0; excused, 1.
First reading, referred to Finance.
By resolution, returned to Senate Rules Committee for third reading.
By resolution, reintroduced and retained in present status.
Rules Committee relieved of further consideration. On motion, referred to Ways & Means.
Verify the information
- Official page on the Washington Legislature website
- Senate Floor Amendment (amendment)
- Senate Floor Amendment (amendment)
- Misc (supplement)
- Misc (supplement)
- Misc (supplement)
- Fiscal Note (supplement)
- Fiscal Note (supplement)
- Fiscal Note (supplement)
- Fiscal Note (supplement)
- Introduced (text)
- Comm Sub (text)
- Engrossed (text)
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