SSB 5938: Concerning the foreclosure prevention fee.
Signed into law: Chapter 156, Laws of 2026
- Sponsor
- Orwall
- Introduced
- January 12, 2026
- Status
- C 156 L 26
- Last action
- Effective date 6/11/2026. (March 23, 2026)
- As of
- October 16, 2026, 5:15 AM Pacific, from the Legislature’s records
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, 202659 yea · 35 nay · 4 not voting
- Senate: 3rd Reading & Final Passage · February 4, 202649 yea · 0 nay
- Senate: Final Passage as Amended by the House · March 9, 202648 yea · 1 nay
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