Rulemaking Notice: Revising WAC 365-135

Source: Washington Department of Commerce, May 21, 2021

Establishing conformance in reallocation dates for the Bond Cap Allocation program

This rulemaking will provide conformance with the provisions of RCW 39.86, which were amended in 2010, to establish consistency in release/reallocation dates for initial bond cap set-asides from September 1 to July 1. This will affect the timing of certain release/reallocation provisions but will not change the overall amount of private activity volume cap. It may assist in maximizing use of volume cap within a specific calendar year.

The department filed a CR-105 expedited notice of rulemaking on May 19 with intended date of adoption on July 20.

Written objections may be submitted to Amber Siefer at amber.siefer@commerce.wa.gov.and must be received by July 19, 2021.

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