WSR 99-01-068

PERMANENT RULES

DEPARTMENT OF REVENUE

[Filed December 14, 1998, 1:40 p.m., effective January 1, 1999]



Date of Adoption: December 14, 1998.

Purpose: To provide a rate of inflation used by county officials to calculate interest that will be added to deferred property taxes under certain circumstances.

Citation of Existing Rules Affected by this Order: Amending WAC 458-30-590 Rates of inflation.

Statutory Authority for Adoption: RCW 84.34.360.

Other Authority: RCW 84.34.310.

Adopted under notice filed as WSR 98-20-084 on October 6, 1998.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, amended 0, repealed 0; Federal Rules or Standards: New 0, amended 0, repealed 0; or Recently Enacted State Statutes: New 0, amended 0, repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, amended 0, repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, amended 0, repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, amended 0, repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, amended 0, repealed 0; Pilot Rule Making: New 0, amended 0, repealed 0; or Other Alternative Rule Making: New 0, amended 1, repealed 0.

Other Findings Required by Other Provisions of Law as Precondition to Adoption or Effectiveness of Rule: RCW 84.34.310(6) directs the department to determine a rate of inflation and to publish this rate prior to January 1st each year.

Effective Date of Rule: January 1, 1999.

December 14, 1998

Russell W. Brubaker

Assistant Director

Legislation and Policy Division

OTS-2576.1

AMENDATORY SECTION (Amending WSR 98-01-179, filed 12/23/97, effective 1/1/98)



WAC 458-30-590  Rates of inflation. (1) Introduction. This section sets forth the rates of inflation discussed in WAC 458-30-550.

(2) Rates of inflation. The rates of inflation to be used for calculating the interest as required by WAC 458-30-550 are as follows:



year percent year percent
1976 5.6 1977 6.5
1978 7.6 1979 11.3
1980 13.5 1981 10.3
1982 6.2 1983 3.2
1984 4.3 1985 3.5
1986 1.9 1987 3.7
1988 4.1 1989 4.8
1990 5.4 1991 4.2
1992 3.3 1993 2.7
1994 2.2 1995 2.3
1996 2.2 1997 2.1
1998 0.85



[Statutory Authority: RCW 84.34.360 and 84.34.310. 98-01-179, 458-30-590, filed 12/23/97, effective 1/1/98; 97-02-067, 458-30-590, filed 12/31/96, effective 1/1/97; 96-01-094, 458-30-590, filed 12/19/95, effective 1/1/96; 95-06-043, 458-30-590, filed 2/24/95, effective 3/27/95. Statutory Authority: RCW 84.34.360. 94-11-098, 458-30-590, filed 5/17/94, effective 6/17/94; 92-22-061, 458-30-590, filed 10/29/92, effective 11/29/92. Statutory Authority: RCW 84.08.010 and 84.08.070. 90-24-087, 458-30-590, filed 12/5/90, effective 1/5/91. Statutory Authority: Chapter 84.34 RCW and RCW 84.34.360. 89-05-010 (Order PT 89-3), 458-30-590, filed 2/8/89. Statutory Authority: RCW 84.34.360. 88-07-004 (Order PT 88-4), 458-30-590, filed 3/3/88; 87-07-009 (Order PT 87-3), 458-30-590, filed 3/10/87.]

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