WSR 14-14-001
[Filed June 18, 2014, 4:36 p.m.]
Subject of Possible Rule Making: On August 7, 2013, the commission filed WSR 13-17-006 as the agency prepared to modernize the personal financial disclosure forms and improve the instructions contained therein. Since then, the commission has engaged in stakeholder work, which shifted the focus of the commission's rule making. Stakeholders have asked the commission to make inflationary adjustments to the personal financial disclosure dollar thresholds and reporting code values.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 42.17A.125(2).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The commission is authorized to make inflationary adjustments at least once every five years, but no more frequently than every two years. The last adjustments were made in 2008. Revisions will reflect changes in economic conditions since the last adjustments were made in 2008.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: The commission's strategic plan includes the goal to increase the effectiveness of educational and compliance efforts. To that end, the commission formed a work group of filers and their representatives to review the personal financial disclosure requirements related to reporting thresholds, investments, and business interests. The work group recommends the commission make inflationary adjustments as described above. Other stakeholder engagement included a public survey and comment offered by individuals at commission meetings.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by sending comment to Lori Anderson, P.O. Box 40908, Olympia, WA 98504-0908, fax (360) 753-1112, e-mail It is expected that the F-1 review and related rule-making topics will be part of the June 26, July 24, and August 21, 2014, commission meetings.
June 18, 2014
Lori Anderson
Communications and
Training Officer