WSR 22-14-006
PREPROPOSAL STATEMENT OF INQUIRY
PUBLIC DISCLOSURE COMMISSION
[Filed June 22, 2022, 3:01 p.m.]
Subject of Possible Rule Making: The public disclosure commission (PDC) will consider making inflationary adjustments to the contribution limits and reporting values in the Fair Campaign Practices Act.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW
42.17A.125.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Under RCW
42.17A.125, PDC must consider revising monetary limits and reporting values every two to five years. Adjustments are made by rule in recognition of the economic changes as reflected in the inflationary index recommended by the office of financial management (OFM) and rounded off to be most accessible for the public. The economic conditions reflected in the current inflationary index may warrant adjustments in monetary limits and thresholds throughout the FCPA.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: PDC must use an inflationary index recommended by OFM to calculate the inflationary adjustments. PDC will coordinate with OFM to determine the inflationary index to calculate the adjustments for each monetary value.
Process for Developing New Rule: Agency study.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Sean Flynn, 711 Capitol Way South, Suite 206, Olympia, WA 98504, phone 360-753-1111, fax 360-753-1112, email pdc@pdc.wa.gov, website www.pdc.wa.gov.
June 22, 2022
Sean Flynn
General Counsel