The proposed rule amendment adds new subsection (3) to the rule, which specifies that quarterly preneed remittances made by preneed licensees to the Preneed Funeral Contract Consumer Protection Trust Fund are to be made using new form DFS-N1-2013, “...

DEPARTMENT OF FINANCIAL SERVICES
Division of Funeral, Cemetery, and Consumer Services

RULE NO: RULE TITLE
69K-10.003: Remittances to the Preneed Funeral Contract Consumer Protection Trust Fund
PURPOSE AND EFFECT: The proposed rule amendment adds new subsection (3) to the rule, which specifies that quarterly preneed remittances made by preneed licensees to the Preneed Funeral Contract Consumer Protection Trust Fund are to be made using new form DFS-N1-2013, “Quarterly Preneed Fund Remittance Invoice,” which the Department shall provide to preneed licensees on a quarterly basis. The proposed amendment also includes a technical correction.
SUMMARY: The proposed amendment adds new subsection (3) to the rule, informing preneed licensees that quarterly preneed remittances shall be made using new form DFS-N1-2013.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.
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.
SPECIFIC AUTHORITY: 497.103, 497.461(4), 497.462(10), 497.464 FS.
LAW IMPLEMENTED: 497.456(2), 497.458, 497.461, 497.462, 497.464 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: Tuesday, April 20, 2010, 10:00 a.m.
PLACE: Alexander Building, 2020 Capital Circle Southeast, Tallahassee, Florida
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: Doug Shropshire, [phone]. 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: Doug Shropshire, Executive Director, Board of Funeral, Cemetery, and Consumer Services, Alexander Building, 2020 Capital Circle S.E., Tallahassee, Florida 32399-0361, [phone]

THE FULL TEXT OF THE PROPOSED RULE IS:

69K-10.003 Remittances to the Preneed Funeral Contract Consumer Protection Trust Fund.

(1) No change.

(2) Each preneed licensee offering the sale of insurance or by establishing a trust pursuant to Section 497.458 or 497.464, F.S., shall remit the sum of $1.00 per preneed contract. Each preneed licensee utilizing Sections 497.4614461 and 497.462, F.S., shall remit the sum of $5.00 for each preneed contract.

(3) Quarterly preneed remittances shall be made by preneed licensees using Department form DFS-N1-2013, “Quarterly Preneed Remittance Invoice,” (Eff._______), as incorporated by reference in Rule 69K-1.001, F.A.C. The Department shall provide the form to the preneed licensee each quarter, pre-filled out with data specific to the preneed licensee.

Rulemaking Specific Authority 497.103, 497.461(4), 497.462(10), 497.464 FS. Law Implemented 497.456(2), 497.458, 497.461, 497.462, 497.464 FS. History–New 3-19-97, Amended 8-2-01, Formerly 3F-10.003, Amended_________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Doug Shropshire, Executive Director, Board of Funeral, Cemetery, and Consumer Services, Department of Financial Services
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Alex Sink, Chief of Financial Officer, Department of Financial Services
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: March 8, 2010
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: July 17, 2009