Subject of Possible Rule Making: Form for Reporting Loans Received, Paid, Forgiven or Outstanding--Schedule L (to Form C-3 or C-4).

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 42.17.370(1).

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Pursuant to RCW 42.17.090 (1)(k) and WAC 390-16-034, if an individual contributes $100 or more to a candidate or political committee, the recipient must report that individual's occupation and the name, city and state of the individual's employer.

Anyone who loans money or anything of value to a campaign that has made a contribution to the campaign. However, the current loan reporting form does not accommodate reporting of the required occupation and employer information.

The commission may determine that it is appropriate for the Schedule L to be amended to include space for reporting an individual's occupation and the name, city and state of his or her employer.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: At its meeting on August 24, 1999, the commission is expected to discuss whether to move forward with amending WAC 390-16-041 and Schedule L. Public comment will be welcome at this meeting. Interested persons are invited to submit written comments by August 23, 1999, to Vicki Rippie, Public Disclosure Commission, P.O. Box 40908, Olympia, WA 98504-0908.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting the Public Disclosure Commission Assistant Director Vicki Rippie at Washington State Public Disclosure Commission, P.O. Box 40908, Olympia, WA 98504-0908, phone (360) 586-4838, fax (360) 753-1112, e-mail vrippie@pdc.wa.gov.

A public hearing on this matter may occur on October 26, 1999.

July 29, 1999

Melissa Warheit

Executive Director