PERMANENT RULES
Date of Adoption: November 23, 1999.
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 99-19-108 on September 20, 1999.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 0, Repealed 0.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 1, Repealed 0. Effective Date of Rule: Thirty-one days after filing.
November 23, 1999
Claire Hesselholt
Rules Manager
Legislation and Policy Division
OTS-3430.1
AMENDATORY SECTION(Amending WSR 99-01-068, filed 12/14/98,
effective 1/1/99)
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 | 1999 | 1.4 | 2 | |||
[Statutory Authority: RCW 84.34.360 and 84.34.310. 99-01-068, § 458-30-590, filed 12/14/98, effective 1/1/99; 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.]