Washington HB2111: I-5 bridge account earnings

What the bill says

An act Relating to allowing the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings; reenacting and amending RCW 43.84.092, 43.84.092, 43.84.092, 43.84.092, 43.84.092, and 43.84.092; providing effective dates; providing a contingent effective date; providing expiration dates; and providing contingent expiration dates.

From the introduced text:

AN ACT Relating to allowing the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings; reenacting and amending RCW 43.84.092, 43.84.092, 43.84.092, 43.84.092, 43.84.092, and 43.84.092; providing effective dates; providing a contingent effective date; providing expiration dates; and providing contingent expiration dates. Sec. 1. RCW 43.84.092 and 2025 c 417 s 802, 2025 c 399 s 15, 2025 c 359 s 12, and 2025 c 299 s 21 are each reenacted and amended to read as follows: (1) All earnings of investments of surplus balances in the state treasury shall be deposited to the treasury income account, which account is hereby established in the state treasury. (2) The treasury income account shall be utilized to pay or receive funds associated with federal programs as required by the federal cash management improvement act of 1990. The treasury income account is subject in all respects to chapter 43.88 RCW, but no appropriation is required for refunds or allocations of interest earnings required by the cash management improvement act. Refunds of interest to the federal treasury required under the cash management improvement act fall under RCW 43.88.180 and shall not require appropriation. The office of financial management shall determine the amounts due to or from the federal government pursuant to the cash management improvement act. …

Read the full official text

Sponsors

• Jake Fey (D) · primary sponsor
• Andrew Barkis (R)
• Suzanne Schmidt (R)
• Julia Reed (D)
• Janice Zahn (D)
• Sharon Wylie (D)
• Davina Duerr (D)
• Cyndy Jacobsen (R)
• Kristine Reeves (D)
• Adam Bernbaum (D)

Latest actions

1. March 12, 2026: By resolution, returned to House Rules Committee for third reading.
2. February 23, 2026: Public hearing in the Senate Committee on Transportation at 4:00 PM.
3. February 13, 2026: First reading, referred to Transportation.
4. February 11, 2026: Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3.
5. February 11, 2026: Rules suspended. Placed on Third Reading.
6. February 10, 2026: Rules Committee relieved of further consideration. Placed on second reading.
7. January 27, 2026: Referred to Rules 2 Review.
8. January 21, 2026: TR - Majority; do pass.
9. January 21, 2026: Executive action taken in the House Committee on Transportation at 4:00 PM.
10. January 15, 2026: Public hearing in the House Committee on Transportation at 4:00 PM.

Votes

• 3rd Reading & Final Passage (February 11, 2026): 95 yea, 0 nay, passed
• House Committee on Transportation: Do pass (January 21, 2026): 27 yea, 0 nay, passed

Common questions

What is HB2111?

HB2111 is a bill in the Washington Legislature (2025-26 Regular Session): I-5 bridge account earnings.

What does HB2111 do?

In its own words: An act Relating to allowing the Interstate 5 bridge replacement project toll facility bond retirement account to receive its proportionate share of earnings; reenacting and amending RCW 43.84.092, 43.84.092, 43.84.092, 43.84.092, 43.84.092, and 43.84.092; providing effective dates; providing a contingent effective date; providing expiration dates; and providing contingent expiration dates.

What is the status of HB2111?

Passed one chamber as of March 12, 2026. Latest action: By resolution, returned to House Rules Committee for third reading. (March 12, 2026).

Who sponsored HB2111?

Jake Fey (D), with 9 co-sponsors.

Where is the official record for HB2111?

On the Washington Legislature website: https://app.leg.wa.gov/billsummary?BillNumber=2111&Year=2025