PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: Loan and financing guarantee applications, WAC 399-30-030.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 43.155.040(4).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Initiative 695, as passed by the voters on November 2, 1999, raises the possibility that some local government customers of the board will need to obtain voter approval of project financing. The board is considering the addition of "election costs" as an eligible direct cost item.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Consult with interested parties to determine their interests. This topic is the subject of an emergency WAC passed on February 2, 2000. Final rule development will take place after the emergency WAC is implemented.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Pete Butkus, Executive Director, Public Works Board, P.O. Box 48319, Olympia, WA 98504-8319, phone (360) 586-7186, fax (360) 664-3029, e-mail peteb@cted.wa.gov.
February 2, 2000
Pete A. Butkus
Executive Director