This rule is being repealed to eliminate duplicative and unnecessary information as section 215.97, F.S., which is the rulemaking authority and law implemented, already provides the identical listed definitions in the statute.

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Accounting and Auditing

RULE NO.:RULE TITLE:

69I-5.002Definitions

PURPOSE AND EFFECT: This rule is being repealed to eliminate duplicative and unnecessary information as section 215.97, F.S., which is the rulemaking authority and law implemented, already provides the identical listed definitions in the statute.

SUMMARY: This rule is being repealed because the definitions within this rule are identical to those listed under section 215.97, F.S., which is the law implemented for this rule.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely 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 not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: The Department conducted an economic analysis of the potential impact of the proposed rule repeal and determined that there will be no adverse economic impact or regulatory increases that would require legislative ratification.

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.

RULEMAKING AUTHORITY: 215.97(4), FS.

LAW IMPLEMENTED: 215.97, FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW (IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):

DATE AND TIME: January 10, 2019, 1:30p.m.

PLACE: J. Edwin Larson Building, Room 116, 200 East Gaines Street, Tallahassee, FL 32399

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Mark Merry, telephone: [phone], email: [e-mail].. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Mark Merry, Assistant Division Director, Division of Accounting and Auditing, Department of Financial Services, address: 200 East Gaines Street, Tallahassee, FL 32399-0393, telephone: [phone], email: [e-mail].

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69I-5.002 Definitions.

Rulemaking Authority 215.97(4) FS. Law Implemented 215.97 FS. History–New 2-5-01, Formerly 3A-5.002, Repealed______.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Mark Merry, Assistant Division Director, Division of Accounting and Auditing, Department of Financial Services

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jimmy Patronis, Chief Financial Officer, Department of Financial Services

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: 12/18/2018

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: N/A