Washington legislation · 2025-26 Regular Session
Washington HB2662: WSIB investing principles
Status: In committee, January 26, 2026
Ensuring that responsible principles of investing are incorporated into the investment decision making of the Washington state investment board.
What the bill says
An act Relating to ensuring that responsible principles of investing are incorporated into the investment decision making of the Washington state investment board; amending RCW 43.33A.110, 43.33A.140, and 43.33A.150; and creating a new section. NEW SECTION.
From the introduced text:
AN ACT Relating to ensuring that responsible principles of investing are incorporated into the investment decision making of the Washington state investment board; amending RCW 43.33A.110, 43.33A.140, and 43.33A.150; and creating a new section. NEW SECTION. Sec. 1. It is the intent of the legislature to invest the public funds of Washington state managed by the Washington state investment board in ways that do not conflict with the well-being, stability, and long-term prosperity of Washington's communities. The legislature intends to reduce these conflicts by incorporating a comprehensive and consistent framework to guide the decisions of the board as responsible stewards of the public retirement and trust funds. As many nations, provinces, and states have adopted environmental, social, and governance standards that ensure that public investments reflect fundamental societal values, the legislature intends that Washington state do so in a manner that also ensures that investments under management continue to achieve strong and reliable returns and that safeguards retirement security and the fiscal health of public trust funds. Sec. 2. RCW 43.33A.110 and 1994 c 154 s 310 are each amended to read as follows: (1) The state investment board may make appropriate rules and regulations for the performance of its duties. The board shall establish investment policies and procedures designed exclusively to maximize return at a prudent level of risk. …
Sponsors
- Darya Farivar (D) · primary sponsor
- Mary Fosse (D)
- Chipalo Street (D)
- Edwin Obras (D)
- Shaun Scott (D)
- Sharlett Mena (D)
- Julio Cortes (D)
- Lisa Parshley (D)
- My-Linh Thai (D)
- Strom Peterson (D)
- Alex Ramel (D)
- Roger Goodman (D)
Latest actions
- : First reading, referred to Appropriations.
Subjects: STATE AGENCIES AND DEPARTMENTS
Common questions
- What is HB2662?
- HB2662 is a bill in the Washington Legislature (2025-26 Regular Session): WSIB investing principles.
- What does HB2662 do?
- In its own words: An act Relating to ensuring that responsible principles of investing are incorporated into the investment decision making of the Washington state investment board; amending RCW 43.33A.110, 43.33A.140, and 43.33A.150; and creating a new section. NEW SECTION.
- What is the status of HB2662?
- In committee as of January 26, 2026. Latest action: First reading, referred to Appropriations. (January 26, 2026).
- Who sponsored HB2662?
- Darya Farivar (D), with 11 co-sponsors.
- Where is the official record for HB2662?
- On the Washington Legislature website: https://app.leg.wa.gov/billsummary?BillNumber=2662&Year=2025
Source: official Washington record. Tracked by Delilah, AI for legislation across all 50 states and Congress.