SSB 5938 — Concerning the foreclosure prevention fee.

What this bill does

Modifies the foreclosure prevention fee, including the exemptions, payment options, authority of the Department of Commerce (Commerce) to administer the fee, and other requirements. Requires Commerce to complete a study evaluating the feasibility of directing a portion of collections from the foreclosure prevention fee to establish a state homeowner assistance fund.

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

Floor votes

• House — Final Passage as Amended by the House · March 3, 2026
  59 yea · 35 nay · 4 not voting
• Senate — 3rd Reading & Final Passage · February 4, 2026
  49 yea · 0 nay
• Senate — Final Passage as Amended by the House · March 9, 2026
  48 yea · 1 nay

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