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SGA 9181

In Committee

Senate

MICHONE R. PRESTON

  1. Introduced (completed)
  2. 2
    Committee (current stage)
  3. 3
    Floor Vote (not started)
  4. 4
    Opposite Chamber (not started)
  5. 5
    Governor (not started)
  6. 6
    Signed (not started)

This status may be delayed. See Action History below for the latest updates.

How does a bill become law?
  1. Introduced: The bill is filed and assigned a number.
  2. Committee: A subject-matter committee holds hearings, takes public testimony, and decides whether to advance the bill.
  3. Floor Vote: The full chamber (House or Senate) debates and votes on the bill.
  4. Opposite Chamber: The bill repeats the committee and floor vote process in the other chamber.
  5. Governor: The Governor reviews the bill and decides whether to sign or veto it.
  6. Signed: The bill has been signed into law.
Introduced: January 14, 2025
Last Action: April 14, 2025
Status: S Confirmed
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AI Analysis

This analysis was generated by AI and may contain errors. It is not legal advice. Always refer to the official bill text for authoritative information.

This bill formally appoints Michone R. Preston to the Housing Finance Commission, effective November 8, 2024, for a term ending June 30, 2027. It fills a vacancy on the commission as part of the state’s housing leadership structure.

  • Appoints Michone R. Preston as a member of the Housing Finance Commission.
  • Sets the term of service from November 08, 2024, to June 30, 2027.
  • The appointment is for the remainder of an unexpired term (implied by the biennium 2025–26 context).

Who is affected

  • Michone R. Preston — The individual appointed, Michone R. Preston, will serve as a voting member of the Housing Finance Commission, helping guide state housing finance policies and programs.
Effective: November 08, 2024
Model: Intel/Qwen3-Coder-Next-int4-AutoRoundGenerated: Mar 20, 2026, 2:08 AM

Who Is Most Affected

  • Michone R. PrestonMixed Impact

    Michone R. Preston gains formal authority and influence over state housing finance decisions, including oversight of low-income housing tax credits, multifamily housing programs, and housing bond issuances. This is a professional appointment with no direct financial or legal consequence beyond role responsibilities.

  • Low- and moderate-income Washington households seeking rental or homeownership assistanceMixed Impact

    The Housing Finance Commission sets policy for key housing affordability tools (e.g., HOME program, tax-exempt bonds, LIHTC administration). While the commission’s work affects housing access broadly, this specific appointment alone does not change program design, funding, or eligibility — only personnel. Its downstream impact depends on Preston’s future actions and voting alignment, which are unknown.

  • Real estate developers, banks, and housing finance industry stakeholdersMixed Impact

    The commission includes representatives from banking, real estate, and developer sectors; adding a new member does not alter the statutory balance of voting power. No change to regulatory burden or liability exposure for any business type is present in this bill.

  • Local governments (cities, counties, housing authorities)Mixed Impact

    The bill does not alter funding, staffing, or operational authority of local governments. It does not impose unfunded mandates or change revenue-sharing rules. Local jurisdictions may be indirectly affected over time if the commission shifts policy priorities, but this bill alone does not trigger such change.

  • General public / taxpayersMixed Impact

    The bill is purely administrative — no changes to tax policy, spending priorities, or regulatory frameworks. It does not affect the state’s budget balance, revenue capacity, or fiscal health directly or indirectly.