2254 AMH SOMM PRIN 72

HB 2254 - H AMD 573 ADOPTED 6/4/2003

By Representative Sommers

   On page 3, after line 17, insert the following:

   "(7) The July 1, 2003, contribution rate changes provided in this section shall be implemented notwithstanding the thirty-day advanced notice provisions of RCW 41.45.067."

EFFECT: Exempts the new contribution rates resulting from adopting the new smoothing method from the requirement that the department of retirement systems notify employers thirty days in advance of a change in contribution rates.