House2025-26 sessionFiscal note

SHB 2047 — Eliminating the Washington employee ownership program.

Signed into law — Chapter 366, Laws of 2025

Sponsor
Richards
Introduced
April 5, 2025
Status
C 366 L 25
Last action
Effective date 7/27/2025. (May 19, 2025)

What this bill does

Eliminates the Washington Employee Ownership Program administered by the Department of Commerce, which supports efforts of businesses considering a sale to an employee ownership structure.

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

Floor votes

  • House — 3rd Reading & Final Passage · April 17, 2025
    57 yea · 39 nay · 2 not voting
  • House — Final Passage as Amended by the Senate · April 26, 2025
    58 yea · 40 nay
  • Senate — 3rd Reading & Final Passage as Amended by the Senate · April 26, 2025
    25 yea · 23 nay

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Other bills sponsored by Richards

All 2025-26 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 ↗