The purpose and effect of the proposed new rule is to specify that the required electronic filing of the registration form adopted under subparagraph 69V-180.002(1)(b)1., F.A.C., and payment of fees under rule 69V-180.30, F.A.C., are to be submitted ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

RULE NO.:                            RULE TITLE:

69V-180.031                            Consumer Collection Agency Electronic Filing of Forms and Fees

PURPOSE AND EFFECT: The purpose and effect of the proposed new rule is to specify that the required electronic filing of the registration form adopted under subparagraph 69V-180.002(1)(b)1., F.A.C., and payment of fees under Rule 69V-180.030, F.A.C., are to be submitted through the REAL System.

SUMMARY: Subsection (1) defines the REAL system for purposes for the rule. Subsection (2) requires that the registration form adopted under subparagraph 69V-180.002(1)(b)1. F.A.C., must be filed electronically through the REAL system. Subsection (3) requires that any fees required under Rule 69V-180.30, F.A.C., must be paid electronically through the REAL system.

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 Agency expressly relies on an analysis of potential economic impact conducted by persons with subject matter knowledge of this rule.

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: 559.554, 559.555 FS.

LAW IMPLEMENTED: 559.553, 559.554(2)(a), 559.555 FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: C. Michael Marschall, Division of Consumer Finance,[phone], [e-mail]

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69V-180.031 Consumer Collection Agency Electronic Filing of Forms and Fees.

(1) For purposes of this rule, “REAL System” means the Office of Financial Regulation’s Regulatory Enforcement and Licensing System, which is accessible through the Office’s website at www.flofr.com.

(2) The registration form adopted under subparagraph 69V-180.002(1)(b)1, F.A.C., must be filed electronically with the Office through the REAL system.

(3) All fees required to be filed with the Office under Rule 69V-180.030, F.A.C., must be paid electronically with the Office through the REAL System.

Rulemaking Authority 559.554, 559.555,  FS. Law Implemented 559.553, 559.554(2)(a),559.555, FS. History–New _________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Gregory C. Oaks, Director, Division of Consumer Finance

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: January 13, 2015

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: December 17, 2015