The Following Sections are Proposed for Expedited Repeal: WAC 458-65-020 Use of department forms, 458-65-030 Simultaneous reporting and remittance of unclaimed property, and 458-65-040 Maturity of automatically renewable instruments.
Rules Proposed for Expedited Repeal Meet the Following Criteria: Rule is no longer necessary because of changed circumstances.
Any person who objects to the repeal of the rule must file a written objection to the repeal within thirty days after publication of this preproposal statement of inquiry.
Address Your Objection to: Alan R. Lynn, Department of Revenue, Legislation and Policy Division, P.O. Box 47467, Olympia, WA 98504-7467, fax (360) 664-0693.
Reason the Expedited Repeal of the Rule is Appropriate: These rules are obsolete and are no longer used by the department or those organizations required to report unclaimed property. WAC 458-65-020 and 458-65-030 are in error because they fail to reflect the amendment of chapter 63.29 RCW by chapter 498, Laws of 1993. The information provided by WAC 458-65-040 is sufficiently explained in RCW 63.29.060.
January 22, 1999
Claire Hesselholt, Rules Manager
Legislation and Policy Division