Auctioneer: Initial application from $110 to $114; renewal from $110 to $114; and late renewal penalty $100 to $104.

Auction company: Initial application from $250 to $260; renewal from $250 to $260; and late renewal penalty $200 to $208.

Statutes Authorizing the Agency to Adopt Rules on this Subject: Chapter 18.11 RCW, RCW 43.24.086, 43.135.055.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Program operating costs must be supported by revenue received which is currently insufficient. The 4% limit imposed by Initiative 601 will improve the revenue deficit. The other rules synchronize the renewal dates for auctioneer and company; revise duplicate language found in the RCW; revise inspection and audit rule for clarity, with no major changes to content; and update the mailing and physical address of the program. All changes are of a minor nature, and do not change the meaning or intent of the rules. These changes are based on the rules review held by the Department of Licensing and attended by licensed auctioneers.

Process for Developing New Rule: Agency study, fee study; and review of all rules pursuant to the Governor's Executive Order #97-02.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Teri Osborn, Department of Licensing, Business and Professions Division, Auctioneer Section, P.O. Box 9649, Olympia, WA 98507-9649, FAX (360) 664-2550. Notification will be sent to random sampling of licensees, the auctioneer association, and interested parties.

April 14, 1998

Teri Osborn

WMS Manager