42.17.690 - Changing monetary limits. - Washington Statutes

Changing monetary limits. (Effective until January 1, 2012.)

At the beginning of each even-numbered calendar year, the commission shall increase or decrease all dollar amounts in this chapter based on changes in economic conditions as reflected in the inflationary index used by the commission under RCW 42.17.370. The new dollar amounts established by the commission under this section shall be rounded off by the commission to amounts as judged most convenient for public understanding and so as to be within ten percent of the target amount equal to the base amount provided in this chapter multiplied by the increase in the inflationary index since December 3, 1992.

[1993 c 2 § 9 (Initiative Measure No. 134, approved November 3, 1992).]