Annual Assessment on Gross Florida Payroll

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Board of Employee Leasing Companies

RULE NO.:RULE TITLE:

61G7-5.002Annual Assessment on Gross Florida Payroll

NOTICE OF CORRECTION

Notice is hereby given that the following correction has been made to the proposed rule in Vol. 41 No. 142, July 23, 2015 issue of the Florida Administrative Register.

The Notice of Proposed Rulemaking summarized a Statement of Estimated Regulatory Costs (SERC). An updated SERC was approved by the Board at the public meeting held September 30 – October 1, 2015. The following is a Summary of the updated Statement of Estimated Regulatory Costs:

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COST AND LEGISLATIVE RATIFICATION:

The agency has determined that this rule amendment will have an adverse impact on small business. It is unlikely to increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule.  A SERC has been prepared by the agency.  The following is a summary of the SERC:

• The rule’s effect on economic growth, private-sector job creation or employment, or private-sector investment will be minimal. The effect will be substantially less than $1,000,000.00 in the aggregate within 5 years of implementation.
• According to a DBPR license count completed on February 1, 2015, 233 licensed employee leasing companies will be affected by the rule amendment.
• The amended rule will apply to all licensed group and single employee leasing companies.
• There will be no costs to the Department for implementing or enforcing the proposed rule amendment.
• There will be no costs to any other state and local government entities for implementing or enforcing the proposed rule amendment.
• The costs incurred by individuals and entities required to comply with the requirements of the proposed rule amendment will be an average of $557.79 per entity.
• The estimated number of small businesses that would be subject to the rule is between 100 and 499.
• No small county or small city will be impacted by this proposed rule amendment.
• No good faith written proposals for a lower cost regulatory alternative to the proposed rule were received.

The agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs.  Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

This correction does not affect the substance of the rule as it appeared in the Florida Administrative Register as outlined above.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Richard Morrison, Executive Director, Board of Employee Leasing Companies, 1940 North Monroe Street, Tallahassee, Florida 32399-0767