The purpose and effect of these rule developments is to amend the Florida ABLE Program Terms and Conditions and Participation Agreement to incorporate changes to Internal Revenue Code of 1986, as amended, permitting the rollover of Qualified 529 ...

 

STATE BOARD OF ADMINISTRATION

Florida Prepaid College Board

RULE NO.:RULE TITLE:

19B-18.003Participation Agreement

PURPOSE AND EFFECT: The purpose and effect of these rule developments is to amend the Florida ABLE Program Terms and Conditions and Participation Agreement to incorporate changes to Internal Revenue Code of 1986, as amended, permitting the rollover of Qualified 529 programs into Qualified ABLE programs, among other items.

SUBJECT AREA TO BE ADDRESSED: Administration of the Florida ABLE Program

RULEMAKING AUTHORITY: 1009.986(100 FS.

LAW IMPLEMENTED: 1009.986 FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

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: John Finch, Director of ABLE United, 1801 Hermitage Blvd., Suite 210, Tallahassee, FL 32308, [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 DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: John Finch, Director of ABLE United, 1801 Hermitage Blvd., Suite 210, Tallahassee, FL 32308, [e-mail]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.