WSR 00-21-088

PREPROPOSAL STATEMENT OF INQUIRY

DEPARTMENT OF REVENUE


[ Filed October 17, 2000, 2:23 p.m. ]

Subject of Possible Rule Making: WAC 458-20-22802 Electronic funds transfer.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 82.32.300.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This rule explains the statutory requirement that certain taxpayers remit payment of the tax liability reported on their excise tax return via an electronic funds transfer (EFT). The rule currently explains that an electronic funds transfer payment is due on or before 3:00 p.m., Pacific time, on the banking day following the tax return due date. The department is considering whether to change this 3:00 p.m. deadline to 5:00 p.m.

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) 902-7111, fax (360) 664-0693, e-mail patm@dor.wa.gov.

Location and Date of Public Meeting: Capitol Plaza Building, 4th Floor, Large Conference Room, 1025 East Union Avenue, Olympia, WA, on November 28, 2000, at 1:30 p.m.

Assistance for Persons with Disabilities: Contact Ginny Dale no later than ten days before the hearing date, TDD 1-800-451-7985 or (360) 570-6176.

October 17, 2000

Claire Hesselholt

Rules Manager

Legislation and Policy Division

Washington State Code Reviser's Office