WSR 98-18-100

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF THE

STATE TREASURER

(Local Government Investment Pool)

[Filed September 2, 1998, 11:25 a.m.]

Subject of Possible Rule Making: Local Government Investment Pool, modification of the cutoff time for notifying the LGIP of deposits and withdrawals.

Statutes Authorizing the Agency to Adopt Rules on this Subject: Chapter 43.250 RCW.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Extending the cutoff time gives the Local Government Investment Pool participants additional time to make investment decisions.

Process for Developing New Rule: Agency study with local government input into the rule development process.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication. Primary contact Greg Rosen, Legal Counsel, (360) 902-9000 and alternate contact Doug Extine, Deputy Treasurer, (360) 902-9012, P.O. Box 40200, Olympia, WA 98504-0200.

September 2, 1998

Douglas D. Extine

Deputy State Treasurer