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Executive Session Chart, Senate Business, Financial Services, and Trade Committee, February 13th, 2025

Summary

The Senate Business, Financial Services, and Trade Committee Executive Session Chart for February 13th, 2025, with columns for bill, abbreviated title, sponsor, amendment, amendment effect, analyst and referral. It covers bills 5610 (Equine industry), 5207 (Media service subscriptions), 5262 (Insurance statutes), 5419 (Reports of fire losses) and 5563 (Horse racing). The effect entry for 5610 says the amendment removes the tax credit and the emergency clause and delays the state treasurer transfer date from July 1, 2026 to July 1, 2027. The entry for 5419 says it extends the timeframe for insurers to report fire losses from 30 days to 90 days after closing a claim or subsequent adjustment or investigation.

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“Executive Session Chart, Senate Business, Financial Services, and Trade Committee, February 13th, 2025.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-02-13-a32754-d279972-executive-chart-02-13-25-4432ca07e9/, SHA-256 9f36bcbf4d53d8a500b55e23b101bb6dddd0690d560a14ddacb85b900f6d6427.

Full text

                    Senate Business, Financial Services, and Trade Committee Executive Session
                                                        Chart
                                                 February 13th, 2025

Bill       Abbreviated Title          Amendment/                Amendment Effect                         Analyst/   Referral
                                        Sponsor                                                          Attorney
5610   Equine industry              Kauffman         (1) Removes the tax credit for a person            Clint M.    Ways &
                                                     paying the Washington Horse Racing                             Means
                                    PSSB A           Commission (WHRC) or the Federal
                                                     Horseracing Integrity Safety Authority (HISA)
                                                     to conduct race meets from the bill.
                                                     (2) Removes the emergency clause from the
                                                     bill.
                                                     (3) Delays the date when the state treasurer
                                                     transfers funding to the Washington Equine
                                                     Industry Federal Regulatory Account from
                                                     July 1, 2026 to July 1, 2027.
                                                     (4) Narrows the sources of funds for the
                                                     account to state sales and use taxes in the
                                                     previous year for purchases made by or
                                                     purchases sold and taxes collected by a Class
                                                     1 Racing Association, as well as taxes and
                                                     fees submitted to the Washington Horse
                                                     Racing Commission (WHRC).
                                                     (5) Expands the types of expenditures from
                                                     the Washington Equine Industry Federal
                                                     Regulatory Account to include "direct
                                                     required costs as determined by the WHRC.
                                                     (6) Changes the title of the bill to reflect the
                                                     changes made in the proposed substitute.




                                                                                                                     Page 1 of 3
5207   Media service subscriptions   Dozier          (1) Removes software and games from the Clint M.     Ways &
                                                     definitions of "electronic media" and                Means
                                     Amendment B.1   "electronic media service."
                                                     (2) Modifies the definition of "subscription"
                                                     to mean an agreement or contract between
                                                     a consumer and an electronic media service,
                                                     the primary consideration of which is the
                                                     provision of electronic media in exchange for
                                                     money, for a period of at least one year.
                                                     (3) Provides that the cancellation takes
                                                     effect after the completion of the month in
                                                     which the cancellation occurred.
                                                     (4) Provides that the refund must be
                                                     calculated on a pro rata basis of time in
                                                     which the subscription was in effect until the
                                                     end of the month in which the cancellation
                                                     occurred.


5262   Insurance statutes            Kauffman        (1) Removes the repeal of requirements for John K.    Rules
                                                     insurers, in making rates for motor vehicle
                                     Amendment C.1   insurance, to consider antitheft devices; the
                                                     use of lights and lighting devices for
                                                     increasing visibility; and the use of seat
                                                     belts, child restraints, and other lifesaving
                                                     devices.

                                                     (2) Removes the repeal of a requirement, in
                                                     health plan coverage for maternity services,
                                                     that coverage for the newly born child be
                                                     not less than the coverage of the child's
                                                     mother for no less than three weeks.



                                                                                                          Page 2 of 3
5419   Reports of fire losses   Lovick          (1) Extends the timeframe for insurers to   John K.      Rules
                                                report fire losses from 30 days to 90 days
                                PSSB D          after closing a claim or subsequent
                                                adjustment or investigation.
                                                (2) Specifies that an adjustment or
                                                investigation triggering a fire loss report
                                                must be non-de minimis.
                                                (3) Revises information required in fire
                                                reports.
                                                (4) Revises circumstances under which civil
                                                immunity does not apply to an insurer.
                                                (5) Adds local fire marshals to a list of
                                                entities that may receive fire loss
                                                information from the OIC for certain
                                                purposes.

5563   Horse racing             Stanford        Removes proposed changes to current           Clint M.   Rules
                                                statute that would:
                                Amendment E.1   (1) permit the Commission to create a grant
                                                program to disburse funds to registered
                                                equestrian nonprofit organizations or
                                                recognized equine related youth
                                                organizations.
                                                (2) eliminate the requirement the state not
                                                pay any salary, expenses, or compensation
                                                of any kind for the work of the commission.
                                                (3) increase the amount of funding that the
                                                commission is authorized to spend each
                                                fiscal year on developing the equine
                                                industry, maintaining and upgrading racing
                                                facilities, and assisting equine health
                                                research from $300,000 to $500,000.



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