Washington HB2523: Community reinvestment prg.

What the bill says

An act Relating to the community reinvestment program; amending RCW 43.79.567; adding a new section to chapter 43.330 RCW; creating new sections; providing an effective date; and providing an expiration date. NEW SECTION.

From the introduced text:

AN ACT Relating to the community reinvestment program; amending RCW 43.79.567; adding a new section to chapter 43.330 RCW; creating new sections; providing an effective date; and providing an expiration date. NEW SECTION. Sec. 1. The legislature finds that in order to address racial, economic, and social disparities in communities across the state created by the historical design and enforcement of state and federal criminal laws and penalties for drug possession and use in Washington state, aggressive approaches and targeted resources to support local design and control of community-based responses to these outcomes are required. The legislature further finds that it initially appropriated $1,000,000 for the development of a community reinvestment plan and $200,000,000 for implementation of the plan in the 2023-2025 fiscal biennium through the community reinvestment account in RCW 43.79.567. The legislature subsequently appropriated an additional $60,000,000 and $50,000,000 for the 2025-2027 and 2027-2029 fiscal biennia. The legislature finds that the initial phase of the program required use of the department of commerce's existing programs and networks to distribute money as quickly as possible. The department of commerce and the office of equity published a preliminary report on December 1, 2022, a community reinvestment plan report on September 19, 2023, and a community investment plan implementation report in October 2025. The legislature intends to transfer an amount no …

Read the full official text

Sponsors

• Kristine Reeves (D) · primary sponsor
• Natasha Hill (D)
• Lauren Davis (D)
• Mia Gregerson (D)
• Lisa Parshley (D)
• Timm Ormsby (D)
• Sharon Santos (D)
• Brandy Donaghy (D)
• Shaun Scott (D)
• Edwin Obras (D)

Latest actions

1. March 23, 2026: Effective date 6/11/2026*.
2. March 23, 2026: Chapter 143, 2026 Laws.
3. March 23, 2026: Governor signed.
4. March 6, 2026: Delivered to Governor.
5. March 6, 2026: President signed.
6. March 5, 2026: Speaker signed.
7. March 4, 2026: Third reading, passed; yeas, 45; nays, 3; absent, 0; excused, 1.
8. March 4, 2026: Rules suspended. Placed on Third Reading.
9. March 3, 2026: Placed on second reading by Rules Committee.
10. March 2, 2026: Passed to Rules Committee for second reading.

Votes

• 3rd Reading & Final Passage (March 4, 2026): 45 yea, 3 nay, passed
• Senate Committee on Ways & Means: Do pass (March 2, 2026): 17 yea, 0 nay, passed
• 3rd Reading & Final Passage (February 16, 2026): 88 yea, 9 nay, passed
• House Committee on Appropriations: The second substitute bill be substituted therefor and the second substitute bill do pass and do not pass the substitute bill by Committee on Technology, Economic Development, & Veterans (February 9, 2026): 18 yea, 12 nay, passed
• House Committee on Technology, Economic Development, & Veterans: The substitute bill be substituted therefor and the substitute bill do pass (February 3, 2026): 8 yea, 5 nay, passed

Common questions

What is HB2523?

HB2523 is a bill in the Washington Legislature (2025-26 Regular Session): Community reinvestment prg.

What does HB2523 do?

In its own words: An act Relating to the community reinvestment program; amending RCW 43.79.567; adding a new section to chapter 43.330 RCW; creating new sections; providing an effective date; and providing an expiration date. NEW SECTION.

What is the status of HB2523?

Signed into law as of March 23, 2026. Latest action: Effective date 6/11/2026*. (March 23, 2026).

Who sponsored HB2523?

Kristine Reeves (D), with 9 co-sponsors.

Where is the official record for HB2523?

On the Washington Legislature website: https://app.leg.wa.gov/billsummary?BillNumber=2523&Year=2025