WSR 98-18-092

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF REVENUE

[Filed September 2, 1998, 10:10 p.m.]

Subject of Possible Rule Making: WAC 458-61-090 Interest and penalties--Date of sale.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 82.45.150.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This rule is being revised to incorporate provisions of chapter 149, Laws of 1996, and chapter 157, Laws of 1997. Chapter 149, Laws of 1996, changed the basis for imposing the 5/10/20% late payment penalty from thirty day increments to monthly increments. Chapter 157, Laws of 1997, changed the interest rate that applies to delinquent taxes from one percent per month to the variable rate provided by RCW 82.32.050.

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. A preliminary draft of the proposed changes is available upon request. Written comments on and/or requests for copies of the rule may be directed to Pat Moses, Legislation and Policy, P.O. Box 47467, Olympia, WA 98504-7467, phone (360) 586-7150, fax (360) 664-0693.

Location and Date of Public Meeting: Evergreen Plaza Building, 2nd Floor Conference Room, 711 Capitol Way South, Olympia, WA, on October 8, 1998, at 10:00 a.m.

Assistance for Persons with Disabilities: Contact Arturo Haro by September 30, 1998, TDD 1-800-451-7985, or (360) 586-0721.

September 1, 1998

Claire Hesselholt

Rules Manager