WSR 16-06-037

PREPROPOSAL STATEMENT OF INQUIRY

[Filed February 23, 2016, 1:10 p.m.]

Subject of Possible Rule Making: Uniform Commercial Code (UCC), WAC 308-391-104 Fees.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 62A.9A-526.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: As a result of HB 1090, which passed the 2015 legislature, UCC filing fees changed and became effective July 1, 2015. The new fee amounts include a surcharge that was increased to support the fraud and identity theft program of department of commerce. It also extended the expiration of RCW 43.330.300 to July 1, 2020.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: Department of commerce – administration of the funds.

Process for Developing New Rule: Communication with the public, in general, through the DOL/UCC webpage and UCC listserv.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kim Summers, Department of Licensing, P.O. Box 9660, Olympia, WA 98507-9660, fax (360) 570-7052, e-mail ucc@dol.wa.gov.

February 23, 2016

Damon Monroe

Agency Rules Coordinator