The purpose of this rule development is to establish procedures and criteria pursuant to Section 212.14(4), F.S., for when the Department will require a cash deposit, cash bond, surety bond, or irrevocable letter of credit as a condition for any ...

 

DEPARTMENT OF REVENUE
Sales and Use Tax

RULE NO: RULE TITLE
12A-1.060: Registration
PURPOSE AND EFFECT: The purpose of this rule development is to establish procedures and criteria pursuant to Section 212.14(4), F.S., for when the Department will require a cash deposit, cash bond, surety bond, or irrevocable letter of credit as a condition for any person to obtain, retain, or renew a dealer’s certificate of registration in order to ensure compliance with the provisions of Chapter 212, F.S., and for determining the amount of the required cash deposit, cash bond, surety bond, or irrevocable letter of credit.
SUBJECT AREA TO BE ADDRESSED: The subject area to be addressed is the procedures and criteria proposed by the Department, for determining when cash deposits, cash bonds, surety bonds, or irrevocable letters of credit are required, and for determining the amount of any required cash deposit, cash bond, surety bond, or irrevocable letter of credit.
SPECIFIC AUTHORITY: 212.17(6), 212.18(2), 213.06(1) FS.
LAW IMPLEMENTED: 212.14(4) FS.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Thomas K. Butscher, Senior Counsel, Technical Assistance and Dispute Resolution, Department of Revenue, P. O. Box 7443, Tallahassee, Florida 32314-7443, telephone [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.