(1) The department shall assess an annual fee to each employer in the selected industries identified in WAC 296-63-003.

(2) The fee shall only be assessed to employers who reported ten thousand four hundred or more worker hours to the department.

(3) The fee assessment shall be based on reported worker hours for the prior calendar year.

(4) One full-time equivalent employee is equal to two thousand eighty worker hours.

(5) The fee assessment shall be two dollars and fifty cents for each full-time equivalent employee. Any fraction of a full-time equivalent employee shall be counted as one full-time equivalent employee.

(6) The annual fee shall not exceed fifty thousand dollars for an individual employer.

(7) All fees collected by the department shall be deposited in the worker and community right to know fund.