State Owned Bank Bill

North Dakota is the only state in the nation with a sizeable budget surplus and is adding jobs. How? They have a publicly owned bank.

HB 1320 and its companion bill SB 5238 would establish a "Washington Investment Trust" or State owned bank. If it passes profits from the bank would be reinvested to help stabilize and grow our economy.

Per Representative Bob Hasegawa H.B 1320 is now posted online and you can see the full bill at this link. 

  The companion bill, S.B. 5238, was dropped in the Senate and is being sponsored by Sen. Margarita Prentice.  You can now track the progress of the bills as they move through the committees at both of these sites.