WSR 13-22-069

PREPROPOSAL STATEMENT OF INQUIRY

[Filed November 5, 2013, 11:18 a.m.]

Subject of Possible Rule Making: WAC 458-57-105 Nature of estate tax, definitions, 458-57-115 Valuation of property, property subject to estate tax, and how to calculate the tax and 458-57-125 Apportionment of tax when there are out-of–state assets; and new section WAC 458-57-175 Qualified family-owned business interests.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 84.33.096, 82.32.300, and 82.01.060(2).

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: EHB 2075 passed this last legislative session, chapter 2, Laws of 2013 2nd sp. sess., 63rd Legislature, captioned: Education Legacy Trust Account – Estate and Transfer Tax. This rule-making process is to amend three existing regulation sections and add a new regulation section to address this new legislation.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: Parties interested in this rule making may contact the individual listed below. The public may also participate by providing written comments throughout this rule making or giving oral testimony at the public meeting or public hearing.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication.

A preliminary draft of possible rule changes is available via the department's online Rules Agenda.

Written comments may be submitted by mail and should be directed to Mark E. Bohe, e-mail markbohe@dor.wa.gov, or mailing address: Mark Bohe, ITA Division, P.O. Box 47453, Olympia, WA 98504-7453.

Written and oral comments will be accepted at the public meeting.

Public Meeting Location: Capital Plaza Building, Fourth Floor Executive Conference Room, 1025 Union Avenue S.E., Olympia, WA, on December 16, 2013, at 10:00 a.m. Call-in option can be provided upon request.

Assistance for Persons with Disabilities: Contact Mary Carol LaPalm, (360) 725-7499, or Renee Cosare, (360) 725-7514, no later than ten days before the meeting date. For hearing impaired please contact us via the Washington relay operator at (800) 833-6384.

November 5, 2013

Alan R. Lynn

Assistant Director