Senate Bill Report — SB 5294, Business and Professions Account (As of January 23, 2025)
Summary
This Senate Bill Report on SB 5294, as of January 23, 2025, covers an act relating to transferring dedicated accounts for certain professional licenses to the business and professions account, with Senators Gildon, Stanford, Dozier and Nobles as sponsors, by request of Department of Licensing. The brief summary states that the bill consolidates seven small professional accounts into the Business and Professions Account administered by the Department of Licensing. It states that residual amounts remaining in the repealed accounts as of December 31, 2025 will be transferred to the Business and Professions Account. The report lists Appropriation: None and Fiscal Note: Available, and states that the bill takes effect on January 1, 2026.
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- Issuer
- Congressional materials
- Document type
- Report
- Date
- 2025-01-29
- Case
- 2025 01 29 A32584 D276644 Bill Report 5294 Sbr Bft Ta 25
Cite this document
“Senate Bill Report — SB 5294, Business and Professions Account (As of January 23, 2025).”
Original at app.leg.wa.gov, dated 2025-01-29. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-01-29-2025-01-29-a32584-d276644-bill-report-5294-sbr-bft-ta-25/
, SHA-256 aacf03d3074a7afcf2770e534a649bbb54f06fb186509cee466362ab22f57469.Full text
SENATE BILL REPORT
SB 5294
As of January 23, 2025
Title: An act relating to transferring dedicated accounts for certain professional licenses to the
business and professions account.
Brief Description: Transferring dedicated accounts for certain professional licenses to the
business and professions account.
Sponsors: Senators Gildon, Stanford, Dozier and Nobles; by request of Department of
Licensing.
Brief History:
Committee Activity: Business, Financial Services & Trade: 1/23/25.
Brief Summary of Bill
• Consolidates seven small professional accounts into the Business and
Professions Account administered by the Department of Licensing.
SENATE COMMITTEE ON BUSINESS, FINANCIAL SERVICES & TRADE
Staff: Clint McCarthy (786-7319)
Background: The Business and Professions Account (account) was created in 2005.
Receipts from business or professional licenses, registrations, certifications, renewals,
examinations, or civil penalties assessed and collected by the Department of Licensing are
deposited into the account. The following professions are required to use the account:
• auctioneers;
• cosmetologists, barbers, and manicurists;
• court reporters;
• private investigators;
• security guards;
• bail bond agents;
This analysis was prepared by non-partisan legislative staff for the use of legislative
members in their deliberations. This analysis is not part of the legislation nor does it
constitute a statement of legislative intent.
Senate Bill Report -1- SB 5294
• home inspectors;
• collection agencies;
• employment agencies;
• camping resorts;
• sellers of travel;
• notaries public;
• timeshares;
• boxing, martial arts, and wrestling;
• body art, body piercing, and tattooing;
• whitewater river outfitters;
• commercial telephone solicitation; and
• scrap metal businesses.
Summary of Bill: The list of professions that are required to deposit receipts from business
or professional licenses, registrations, certifications, renewals, examinations, or civil
penalties assessed and collected by the Department of Licensing into the account is
expanded to include the following professions:
• architects;
• embalmers and funeral directors;
• landscape architects;
• certified real estate appraisers;
• geologists;
• appraisal management companies; and
• the funeral and cemetery board.
The following accounts are repealed:
• Architects License Account;
• Funeral and Cemetery Account;
• Landscape Architects License Account;
• Real Estate Appraiser Commission Account;
• Geologists' Account; and
• Appraisal Management Company Account.
Any residual amounts remaining in the repealed accounts as of December 31, 2025, will be
transferred to the Business and Professions Account. The transfer will be made by the state
treasurer once the Office of Financial Management has completed the financial statement
for fiscal year 2025.
Appropriation: None.
Fiscal Note: Available.
Creates Committee/Commission/Task Force that includes Legislative members: No.
Senate Bill Report -2- SB 5294
Effective Date: The bill takes effect on January 1, 2026.
Staff Summary of Public Testimony: PRO: This is agency request legislation. There are
a lot of small accounts where the fees are unstable and the larger pool helps even out the
differences between when revenue flow in and expenses. These accounts are appropriated
singularly. We monitor the funds in the account to make share the professions pay and
receive their fair share. The broader account will reduce volatility and smooth it out over
time. Had a profession opposed this, they would have not been included in this bill.
Persons Testifying: PRO: Senator Chris Gildon, Prime Sponsor; Alejandro Sanchez,
Department of Licensing.
Persons Signed In To Testify But Not Testifying: No one.
Senate Bill Report -3- SB 5294
File and source
- File
- 2025-01-29_a32584_d276644_bill-report-5294-sbr-bft-ta-25.pdf
- Size
- 8,625 bytes
- SHA-256
- aacf03d3074a7afcf2770e534a649bbb54f06fb186509cee466362ab22f57469
- Original
- app.leg.wa.gov