WSR 97-23-020

PERMANENT RULES

PUBLIC DISCLOSURE COMMISSION

[Filed November 10, 1997, 11:36 a.m., effective January 1, 1998]

Date of Adoption: October 28, 1997.

Purpose: Adjust for inflation the reporting thresholds and dollar code values in RCW 42.17.241 and amend the disclosure forms affected by these adjustments.

Citation of Existing Rules Affected by this Order: Amending WAC 390-24-010 and 390-24-020.

Statutory Authority for Adoption: RCW 42.17.370 (1) and (11).

Other Authority: RCW 42.17.241 (1)(n).

Adopted under notice filed as WSR 97-19-051 on September 12, 1997.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, amended 0, repealed 0; Federal Rules or Standards: New 0, amended 0, repealed 0; or Recently Enacted State Statutes: New 0, amended 0, repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, amended 0, repealed 0.

Number of Sections Adopted on the Agency's own Initiative: New 1, amended 2, repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, amended 0, repealed 0.

Number of Sections Adopted using Negotiated Rule Making: New 0, amended 0, repealed 0; Pilot Rule Making: New 0, amended 0, repealed 0; or Other Alternative Rule Making: New 0, amended 0, repealed 0.

Effective Date of Rule: January 1, 1998.

November 10, 1997

Melissa Warheit

Executive Director

NEW SECTION

WAC 390-24-301 Changes in dollar amounts of reporting thresholds and code values. Pursuant to the Commission's authority in RCW 42.17.370(11) to revise the monetary reporting thresholds and code values found in 42.17 RCW to reflect changes in economic conditions, the following revisions are made:

Statutory Amount Enacted Revision Effective

Section Subject Matter or Last Revised January 1, 1998

.241(1)(b) Bank Accounts $10,000 $15,000

.241(1)(b) Other Intangibles $1,000 $1,500

.241(1)(c) Creditors $1,000 $1,500

.241(1)(f) Compensation $1,000 $1,500

.241(1)(g)(ii) Compensation to

Business Entity $5,000 $7,500

.241(1)(g) Bank Interest Paid $1,200 $1,800

.241(1)(h) Real Property--

Acquired $5,000 $7,500

.241(1)(i) Real Property--

Divested $5,000 $7,500

.241(1)(j) Real Property--

Held $5,000 $7,500

.241(1)(k) Real Property--

Business $10,000 $15,000

.241(1)(l) Food and Beverages $50 $50

.241(2) Dollar Code A Up to $1,999 Up to $2,999

Dollar Code B $2,000--$9,999 $3,000--$14,999

Dollar Code C $10,000--$19,999 $15,000--$29,999

Dollar Code D $20,000--$49,999 $30,000--$74,999

Dollar Code E $50,000 and up $75,000 and up

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AMENDATORY SECTION (Amending WSR 96-09-017, filed 4/8/96)

WAC 390-24-010 Forms for statement of financial affairs. The official form for statements of financial affairs as required by RCW 42.17.240 is designated "F-1", revised ((11/95)) 11/97. Copies of this form are available at the commission office, 711 Capitol Way, Room 403, Evergreen Plaza Building, PO Box 40908, Olympia, Washington 98504-0908. Any attachments must be on 8-1/2" x 11" white paper.

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[Statutory Authority: RCW 42.17.370(1). 96-09-017, 390-24-010, filed 4/8/96, effective 5/9/96. Statutory Authority: RCW 42.17.370. 91-24-011, 390-24-010, filed 11/22/91, effective 12/23/91. Statutory Authority: RCW 42.17.370(1). 88-20-029 (Order 88-04), 390-24-010, filed 9/29/88; 86-19-039 (Order 86-06), 390-24-010, filed 9/12/86; 86-08-030 (Order 86-02), 390-24-010, filed 3/26/86; 85-24-020 (Order 85-05), 390-24-010, filed 11/26/85; 84-01-017 (Order 83-03), 390-24-010, filed 12/9/83; 80-18-028 (Order 80-07), 390-24-010, filed 12/1/80; 80-02-055 (Order 80-01), 390-24-010, filed 1/17/80; Order 94, 390-24-010, filed 10/31/77; Order 87, 390-24-010, filed 11/19/76; Order 62, 390-24-010, filed 8/26/75; Order 48, 390-24-010, filed 3/3/75; Order 44, 390-24-010, filed 9/26/74; Order 6, 390-24-010, filed 3/23/73.]

Reviser's note: RCW 34.05.395 requires the use of underlining and deletion marks to indicate amendments to existing rules. The rule published above varies from its predecessor in certain respects not indicated by the use of these markings.

AMENDATORY SECTION (Amending WSR 96-09-017, filed 4/8/96)

WAC 390-24-020 Forms for amending statement of financial affairs. (1) The official form for amending statements of financial affairs as required by RCW 42.17.240 for all persons who have previously filed the form F-1 is designated form "F-1A," revised ((11/95)) 11/97.

(2) No more than three F-1A forms may be filed to amend a previously submitted statement of financial affairs (form F-1). The form can be used only to update information required on an F-1.

(3) The commission reserves the right to reject amendatory forms and require a new statement of financial affairs (form F-1) at any time the amendments are confusing or create misunderstandings. Authority is delegated to the commission's executive director to make this determination.

(4) Copies of Form F-1A are available at the commission office, 711 Capitol Way, Room 403, Evergreen Plaza Building, PO Box 40908, Olympia, Washington 98504-0908. Any attachments must be on 8-1/2" x 11" white paper.

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