SGA 9104
In CommitteeSenate
TRACY STANLEY
This status may be delayed. See Action History below for the latest updates.
How does a bill become law?
- Introduced: The bill is filed and assigned a number.
- Committee: A subject-matter committee holds hearings, takes public testimony, and decides whether to advance the bill.
- Floor Vote: The full chamber (House or Senate) debates and votes on the bill.
- Opposite Chamber: The bill repeats the committee and floor vote process in the other chamber.
- Governor: The Governor reviews the bill and decides whether to sign or veto it.
- Signed: The bill has been signed into law.
AI Analysis
This bill formally appoints Tracy Stanley to the State Investment Board for a term ending December 31, 2026. The appointment was made on February 5, 2024.
- Appoints Tracy Stanley as a member of the State Investment Board
- Sets the term of appointment to end on December 31, 2026
- Appointment was made on February 5, 2024
Who is affected
- State Investment Board members and staff — The State Investment Board oversees the investment of state funds, including retirement and other public funds. Adding a new member helps ensure diverse perspectives in investment decisions.
Who Is Most Affected
As a member of the State Investment Board, Tracy Stanley will participate in decisions about the management of over $200 billion in state assets, including public employee pensions. This appointment allows her to influence investment strategy, risk management, and fiduciary oversight — but as a single appointee, her individual impact is limited without alignment with other board members.
Washington public employees and retirees whose pensions are managed by the State Investment Board may see indirect effects depending on the board’s investment decisions — e.g., long-term returns affecting pension solvency. However, one appointee has minimal direct influence on outcomes without consensus-building.
State government operations and budget stability are indirectly affected, as sound investment returns reduce future unfunded pension liabilities and potential tax increases. However, this appointment alone does not alter fiscal trajectory without broader board alignment.