Washington State Senate — Business, Financial Services & Trade (January 29, 2025)

Summary

Washington State Senate Committee on Business, Financial Services & Trade agenda for Wednesday, January 29, 2025, in SHR 2 and Virtual, with Senator Claudia Kauffman as Chair. It lists a work session on a University of Washington Foster School of Business report on interest rate and collateral differences. Public hearing items are SB 5419 on reports of fire losses, SB 5451 on advancement of quantum economic development, and SB 5492 on sustainable state tourism promotion. Executive session items are SB 5109, SB 5141, SB 5207, SB 5251, SB 5280 and SB 5294, and possible other business is noted.

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Senate Committee Services
      PO Box 40466                      Washington State Senate                                        Senator Claudia Kauffman, Chair
                                                                                                      Senator Adrian Cortes, Vice Chair
Olympia, WA 98504-0466
     (360) 786-7400
                                    Business, Financial Services & Trade                            Senator Perry Dozier, Ranking Member

                                                 Committee


 SHR 2 and Virtual                                    January 29, 2025                                              8:00 a.m.
 J.A. Cherberg                                         WEDNESDAY

Work Session: University of Washington Foster School of Business report on interest rate and
collateral differences.

Public Hearing:
   1. SB 5419 - Modifying reports of fire losses. (Remote Testimony Available). (Lovick/John Kim)
   2. SB 5451 - Concerning advancement of quantum economic development. (Remote Testimony
       Available). (Slatter/John Kim)
   3. SB 5492 - Concerning sustainable state tourism promotion. (Remote Testimony Available).
       (Riccelli/Clint McCarthy)

Executive Session:
   1. SB 5109 - Concerning the mortgage lending fraud prosecution account. (Kauffman/Clint
      McCarthy)
   2. SB 5141 - Requiring that experience-rated group disability income insurers include all applicable
      rating factors and credibility formulas in rate manual filings with the insurance commissioner.
      (Cortes/John Kim)
   3. SB 5207 - Requiring refunds to consumers for early cancellation of term-based subscriptions to
      electronic media services. (MacEwen/Clint McCarthy)
   4. SB 5251 - Concerning lodging tax revenues. (Christian/Clint McCarthy)
   5. SB 5280 - Protecting consumers of virtual currency kiosks. (Kauffman/John Kim)
   6. SB 5294 - Transferring dedicated accounts for certain professional licenses to the business and
      professions account. (Gildon/Clint McCarthy)

Possible other business.

See https://app.leg.wa.gov/CSI/Senate for testimony options.




   To view committee meetings or access the committee meeting documents, visit the Legislature's committee
           schedules, agendas, and documents website: https://app.leg.wa.gov/committeeschedules


 Committee Members: Sen. Claudia Kauffman, Chair | Sen. Adrian Cortes, Vice Chair | Sen. Perry Dozier, Ranking Member | Sen. Phil
           Fortunato | Sen. Bob Hasegawa | Sen. John Lovick | Sen. Jim McCune | Sen. Derek Stanford | Sen. Jeff Wilson


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