House2023-24 sessionFiscal note

EHB 1823 — Modifying the Washington student loan program.

Signed into law — Chapter 389, Laws of 2023

Sponsor
Timmons
Introduced
February 13, 2023
Status
C 389 L 23
Last action
Effective date 7/23/2023*. (May 9, 2023)

What this bill does

Reduces duties of the Washington Student Achievement Council. To the extent practicable, requires the Washington Student Loan Program account to have a minimum life cycle of seven years. Limits loan interest rates to 1 percent or below. Limits eligible participants to graduate students enrolled in specific fields of study. Requires additional data elements to be collected.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House — 3rd Reading & Final Passage · March 2, 2023
    67 yea · 29 nay · 2 not voting
  • House — Final Passage as Amended by the Senate · April 18, 2023
    57 yea · 40 nay · 1 not voting
  • Senate — 3rd Reading & Final Passage as Amended by the Senate · April 12, 2023
    36 yea · 13 nay

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Other bills sponsored by Timmons

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗