August 17, 2011

Representative Jeffrey Thompson, Chairperson

Administrative Rules Oversight Committee

c/o Legislative Services Agency

200 West Washington Street, Suite 301

Indianapolis, Indiana 46204-2789

Attn: Sarah Burkman

RE: LSA Document #10-775 – Forfeiture of Office

Dear Representative Thompson:

On behalf of the State Board of Accounts (Board), I am submitting this notice to the Administrative Rules Oversight Committee in compliance with IC 4-22-2-25, because the Board has determined that the promulgation of the captioned rule may not be completed within one year after publication of the Notice of Intent to Adopt a Rule. The Board published its Notice of Intent to Adopt a Rule for LSA [Document] #10-775 on December 22, 2010 (DIN: 20101222-IR-020100775NIA). We are continuing to study the legal issues and ramifications of the proposed rule, as well as the feasibility of other options to carry out the legislative intent behind IC 5-11-1-10 and IC 5-11-1-21 including additional legislation. The hearing on the rule was held on July 14, 2011, and we are considering the comments received at the hearing. The Board expects that further consideration by the Board and the potential for legislative action will require us to extend the expected date that the rule will be approved or deemed approved by the Governor to December 3, 2012.

This notice setting forth the expected date of approval of LSA Document #10-775 as December 3, 2012, is being submitted in a timely manner. August 28, 2011, is the two hundred fiftieth day after publication of the Notice of Intent to Adopt a Rule.

Sincerely,

Paul D. Joyce, C.P.A.

Deputy State Examiner

State Board of Accounts