WSR 98-07-015
PREPROPOSAL STATEMENT OF INQUIRY
DEPARTMENT OF REVENUE
[Filed March 9, 1998, 9:50 a.m.]
Subject of Possible Rule Making: New section WAC 458-50-095 Intangible personal property--Valuation--Centrally assessed utilities
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 84.36.070 and chapter 181, Laws of 1997
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This rule is being considered to implement and administer the 1997 legislative amendments to RCW 84.36.070 (chapter 181, Laws of 1997) regarding the exemption of certain types of intangible personal property from property taxation in relationship to centrally assessed utilities
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None
Process for Developing New Rule: Modified negotiated rule making
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication. Written comments may be submitted by mail, FAX, or at the public meeting. Oral comments will be accepted at the public meeting. Written comments on and/or requests for a copy of the implementation outline may be submitted directly to: Kim M. Qually, Legislation and Policy, P.O. Box 47467, Olympia, WA 98504-7467, phone (360) 664-0086, FAX (360) 664-0693, e-mail kimq@dor.wa.gov.
Location and Date of Public Meeting: April 24, 1998, at 10 a.m., Evergreen Plaza Building, 2nd Floor Conference Room, 711 Capitol Way South, Olympia, WA 98502. A copy of the implementation outline is available upon request from Pat Baxter at (360) 664-3172
March 9, 1998
Russell W. Brubaker
Assistant Director
Legislation and Policy Division