Florida Administrative Code (Last Updated: November 11, 2024) |
61. Department of Business and Professional Regulation |
61G7. Board of Employee Leasing Companies |
61G7-5. Application Procedure |
1(1) The Department of Business and Professional Regulation shall assess each Employee Leasing Company and each Employee Leasing Company Group an annual assessment fee based upon the preceding calendar year’s gross Florida payroll of the company or group. The assessment shall be due on April 1 of each year and shall become delinquent after April 30. For new applicants the initial assessment shall be due with the licensure application. Funds collected under this assessment are to be made payable to the Board and to be deposited into the Professional Regulation Trust Fund as created within the Department. The annual assessment fee shall be calculated in accordance with the following table:
111Amount of Gross
114Assessment
115Florida Payroll
117Fee Due
119less than $250,000
123$72.00
124$250,000 – $500,000
129$127.00
130$500,001 – $1,000,000
136$190.00
137$1,000,001 – $2,500,000
144$267.50
145$2,500,001 – $5,000,000
152$344.50
153$5,000,001 – $7,500,000
160$422.00
161$7,500,001 – $10,000,000
168$499.00
169$10,000,001 – $15,000,000
176$577.00
177$15,000,001 – $20,000,000
184$654.00
185$20,000,001 – $30,000,000
192$731.00
193$30,000,001 – $40,000,000
200$808.50
201$40,000,001 – $50,000,000
208$914.50
209greater than $50,000,000
214$1019.50
215(2) If the sum of license fees under subparagraph 22461G7-5.001(3)(a)2., 225F.A.C., for any employee leasing company when combined with the assessments levied under subsection (1) for the first and second year of the licensure period shall exceed the maximum biennial fees established in accordance with Section 261468.526(4)(a), F.S., 263the assessment for the second year of the biennial licensure period shall be reduced by the amount of such excess.
283(3) If the sum of license fees under subparagraph 29261G7-5.001(3)(a)3., 293F.A.C., for any employee leasing company group when combined with the assessments levied under subsection (1) for the first and second year of the licensure period shall exceed the maximum biennial fees established in accordance with Section 330468.526(4)(b), F.S., 332the assessment for the second year of the biennial licensure period shall be reduced by the amount of such excess.
352Rulemaking Authority 354468.522 FS. 356Law Implemented 358468.526(3) FS. 360History–New 7-15-92, Formerly 21EE-5.002, Amended 4-25-94, 6-10-96, 6-22-98, 7-11-00, 9-5-04, 3-27-05, 7-6-05, 2-28-12, 12-30-15.