SB970 – Authorizes $5 billion in bonds backed by revenue from SB5971.
Prime Sponsor – Senator Hobbs (D; 44th District; Lake Stevens)
Current status – Referred to the Senate Committee on Transportation. Had a hearing there February 28th. Passed out of committee to Rules March 6th 2019. Still in committee by the end of the 2019 session. Reintroduced and retained in present status in 2020 session; referred to Transportation.
Next step would be – Scheduling a hearing.
Legislative tracking page for the bill.
(SB5971 raises the revenue to support these bonds. SB5972 appropriates the new funds.)

Summary –
The bill authorizes $5 billion in bonds for transportation projects, backed by new revenue from SB5971.