PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: Commercial loans to a candidate or candidate's committee.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 42.17.370(1).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: RCW 42.17.720 places restrictions on loans to candidates for public office and candidate political committees.
A rule would clarify under what circumstances commercial loans to a candidate or a candidate's authorized committee is not subject to contribution limits under RCW 42.17.640 and that repayment of commercial loans to a candidate by a candidate's authorized committee is subject to the maximum allowed by section .125(3).
A proposed rule would be based on PDC Interpretation 96-02 on Commercial Loans to a Candidate and with Attorney General Opinion 2000 Number 4.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: At its meeting on August 22, 2000, the commission is expected to discuss whether to move forward with the new rule. Public comment will be welcome at this meeting. Interested persons are invited to submit written comments by August 21, 2000, to Doug Ellis, Public Disclosure Commission, P.O. Box 40908, Olympia, WA 98504-0908.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting the PDC Director of Public Outreach Doug Ellis, Washington State Public Disclosure Commission, P.O. Box 40908, Olympia, WA 98504-0908, phone (360) 664-2735, toll free 1-877-601-2828, fax (360) 753-1112, e-mail dellis@pdc.wa.gov. A public hearing on these matters may occur on October 24, 2000.
August 2, 2000
V. Rippie
Executive Director