WSR 19-21-179

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF

FINANCIAL MANAGEMENT

[Filed October 23, 2019, 11:18 a.m.]

Subject of Possible Rule Making: The subject of this rule making relates to waiver of interest on past due receivables. WAC 82-06-010 provides the criteria that agencies must use if the agency wants to waive the mandatory one percent per month interest charge on past due receivables.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 43.17.240.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: WAC 82-06-010 was enacted in 1991 to implement a new statute that mandated state agencies to charge interest on past due receivables but allowed a waiver of that interest for reasons set forth in rules adopted by the office of financial management. This rule has not been updated since 1991 and is out-of-date. This rule making is to bring the rule up-to-date with current policies and practices.

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

Process for Developing New Rule: A collaborative approach will be used to seek input on proposed updates. Stakeholder meetings and/or email will be used to seek input and share drafts, as appropriate.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by sending an email with your name and contact information (and questions or comments) to Roselyn.Marcus@ofm.wa.gov if you would like to be on the stakeholder list, want to send comments or updates, or be invited to stakeholder meetings.

October 23, 2019

Roselyn Marcus

Assistant Director

Legal and Legislative Affairs

Rule[s] Coordinator