PREPROPOSAL STATEMENT OF INQUIRY
DEPARTMENT OF REVENUE
[Filed January 8, 2019, 3:04 p.m.]
Subject of Possible Rule Making: WAC 458-16-266 Homeownership development.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 84.08.010
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The department is amending WAC 458-16-266 to incorporate legislation passed in 2018 (ESSB 5143). This legislation allows a nonprofit housing developer to be eligible for the property tax exemption under RCW 84.36.049
, if it leases land it owns to a low-income household for life or ninety-nine years, and the nonprofit housing developer has sold the residence located on that land to the low-income household.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Parties interested in this rule making may contact the individual listed below. The public may also participate by providing written comments throughout this rule making or by giving oral testimony at the public meeting or public hearing.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Leslie Mullin, P.O. Box 47453, Olympia, WA 98504-7453, phone 360-534-1589, fax 360-534-1606, TTY 800-833-6384, email LeslieMu@dor.wa.gov.
Additional comments: Written comments may be submitted by mail or email and should be directed to Leslie Mullin using one of the contact methods above.
Written and oral comments will be accepted at the public meeting on February 20, 2019, at 10:00 a.m., at Conference Room 114A, 6400 Linderson Way S.W., Tumwater, WA 98501.
January 8, 2019
Erin T. Lopez