Washington State Treasurer originally directed that the Treasurer would be paid a salary of $2,000, though constitutional limits on officeholder salaries have since been repealed by amendment and are now set by statute. The Treasurer currently receives an annual salary of $125,000. The Treasurer is elected every four years on a partisan ballot; any registered voter in the state of Washington is eligible to stand for election. The Washington State Constitution requires that, upon assuming office, the Treasurer establish residence in the state's capital city of Olympia. State law further requires he post a surety bond of $500,000, approved by both the Washington
Washington (state) territory was to be named "Columbia", for the Columbia River and the Columbia District, but Kentucky representative Richard H. Stanton found the name too similar to the District of Columbia (the national capital, itself containing the city of Washington), and proposed naming the new territory after President Washington. Washington is the only U.S. state named after a president. Confusion over the state of Washington and the city of Washington, D. C., led to renaming proposals during the statehood process for Washington in 1889, including David Dudley Field II's suggestion to name the new state "Tacoma". These proposals failed to garner