Published on: 16853864. The proposed amendments will update and clarify the requirements for reporting and remitting unclaimed property to the Department and add procedures to allow the submission of electronic claims for unclaimed property.
Published on: 16475176. The primary purpose of this rulemaking is to adopt language to implement the electronic claims filing provision in subsection 717.124(7), F.S. Further, these rules are being amended to clarify the statutory requirements under sections 717.135 and 717.1351, F.S., for filing claims and to remove unnecessary language.
Published on: 8799857. The registration forms codified in Rule 69I-20.001, F.A.C., are being amended, in part, to clarify that the applicant must provide the federal tax identification number of the applicant’s employer rather than the applicant’s social security number and to clarify that only the registrant may sign the claim form and the purchase agreement. The existing notarized statement form codified in Rule 69I-20.0022, F.A.C., is being amended to expressly state that the claimant must produce the claimant’s photographic identification to the notary. The proposed amendment to Rule 69I-20.0022, F.A.C., also creates affidavits attesting to the claimant’s or seller’s identity to be used only when the claimant or seller does not possess any form of government-issued photographic identification. The claimant affidavit codified in Rule 69I-20.0026, F.A.C., is being amended, in part, to provide a space for the claimant to put the description of the unclaimed property and to put the name of the holder that reported the property. The amended affidavit also requires the claimant to provide an explanation regarding why the claimant believes that he or she is the reported owner of the unclaimed property account. The claimant must be the “apparent owner” as defined by Section 717.101(2), F.S. Proposed Rule 69I-20.090, F.A.C., provides model language that may be used in orders or settlements requiring restitution. The recommended paragraphs provide that uncashed restitution checks are to be reported as unclaimed property. The language may be modified to fit the facts of the particular case.
Published on: 8215820. Registration, Proof of Ownership and Entitlement to Unclaimed Property, Claimant Affidavit, Reporting and Remitting Abandoned Property by Mail-in Secondhand Precious Metals Dealers., Orders or Settlements Requiring Restitution.
Published on: 5206977. The purpose of the rule development is to do the following:
Rule 69I-20.0011: The purpose and effect of the proposed rule is to specify the mailing and Internet address of the Bureau of Unclaimed Property.
Rule 69I-20.0028: The purpose and effect of the proposed rule is to provide general principles for jointly owned property.
Rule 69I-20.0029: The purpose and effect of the proposed rule is to provide that “and” accounts, “or” accounts, and accounts otherwise reported by financial institutions in the name of two or more individuals shall be treated as survivorship accounts in the absence of evidence to the contrary.
Rule 69I-20.031: The purpose and effect of the proposed rule is to merge the definition of the term “due diligence” codified in Section 717.101(9), F.S., with the statutory provision of Section 717.117(4), F.S., which implements the definition.
Rule 69I-20.050: The purpose and effect of the proposed rule amendment is to amend the rule and provide that a holder may not enter into a voluntary disclosure agreement if the holder has agreed to a self-audit, been requested by the Department to conduct a self-audit, or has been notified of the Department’s intention to audit or examine the holder.