The bill aims to streamline the management of funds associated with various professional licenses by transferring dedicated accounts to the business and professions account. It amends RCW 43.24.150 to include additional chapters related to professional licensing, such as architects, auctioneers, and funeral directors, among others. The bill also introduces a requirement for the director to provide an annual report detailing revenues and expenditures for each chapter utilizing the business and professions account, starting in 2026.

Additionally, the bill repeals several existing accounts related to specific professions, including the architects' license account and the funeral and cemetery account, consolidating their funds into the business and professions account. Any residual balances from these accounts as of December 31, 2025, will be transferred to the consolidated account by February 28, 2026. The act is set to take effect on January 1, 2026.

Statutes affected:
Original Bill: 43.24.150
Substitute Bill: 43.24.150
Engrossed Substitute: 43.24.150
Bill as Passed Legislature: 43.24.150
Session Law: 43.24.150