FINAL BILL REPORT
HB 1090
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
C 65 L 15
Synopsis as Enacted
Brief Description: Concerning the financial fraud and identity theft crimes investigation and prosecution program.
Sponsors: Representatives Kirby, Jinkins and Rodne; by request of Attorney General.
House Committee on Judiciary
House Committee on General Government & Information Technology
Senate Committee on Law & Justice
Senate Committee on Ways & Means
Background:
The Financial Fraud and Identity Theft Crimes Investigation and Prosecution Program (Program) was created in 2008 within the Department of Commerce and is set to expire on July 1, 2015. The Program consists of two regional financial fraud and identity theft crime task forces: the Central Puget Sound Task Force that includes King and Pierce counties and the Spokane County Task Force.
The task forces include representatives of local law enforcement agencies, county prosecutors, the Office of the Attorney General, financial institutions, and other law enforcement entities. The task forces employ law enforcement, investigation, and prosecutorial staff dedicated to investigating and prosecuting financial fraud and identity theft crimes, with a focus on complex regional and multijurisdictional cases.
The Program is funded through surcharges on filings with the Uniform Commercial Code (UCC) Program within the Department of Licensing. The UCC Program files financing statements and other documents evidencing liens against personal property. The surcharges are $8 for paper filings and $3 for electronic filings. Revenues from these surcharges are deposited into the Financial Fraud and Identity Theft Investigation and Prosecution Program Account, which may be used only to support the activities of the task forces and the expenses of the Department of Commerce in administering the Program.
Summary:
The expiration date for the Program is extended to July 1, 2020. The Central Puget Sound Task Force is expanded to include Snohomish County.
Surcharges on UCC Program filings are increased from $8 to $10 for paper filings and from $3 to $10 for electronic filings.
Votes on Final Passage:
House | 97 | 0 | |
Senate | 48 | 0 |
Effective: | July 1, 2015 |