Establishes the Washington state public bank to provide financial assistance for infrastructure and economic development projects.

The bill creates the Washington state public bank to stimulate infrastructure and economic development through financial assistance. The public bank can issue bonds, make loans, and invest funds. It aims to increase the state's financing capacity without raising taxes or increasing debt. The bank will be owned by the people of Washington and managed by the state finance committee. The public bank will leverage its deposits to provide loans at lower interest rates than private banks.

Establishes the Washington state public bank to provide financial assistance for infrastructure and economic development projects.

The bill creates the Washington state public bank to stimulate infrastructure and economic development through financial assistance. The public bank can issue bonds, make loans, and invest funds. It aims to increase the state's financing capacity without raising taxes or increasing debt. The bank will be owned by the people of Washington and managed by the state finance committee. The public bank will leverage its deposits to provide loans at lower interest rates than private banks.