The purpose of the proposed amendments to Rule 12-19.002 and 12-19.004, F.A.C., is to update the name of the Florida Money Laundering Act, correct cross references to other provisions, to remove a redundant definition, and to incorporate by ...  

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    DEPARTMENT OF REVENUE

    RULE NO.:RULE TITLE:

    12-19.002Large Currency Transaction Reports Required

    12-19.004Penalties for Failure to Comply

    PURPOSE AND EFFECT: The purpose of the proposed amendments to Rule 12-19.002 and 12-19.004, F.A.C., is to update the name of the Florida Money Laundering Act, correct cross references to other provisions, to remove a redundant definition, and to incorporate by reference an Internal Revenue Code provision used in the rule.

    SUBJECT AREA TO BE ADDRESSED: Updates to administrative provisions under the Florida Money Laundering Act.

    RULEMAKING AUTHORITY: 896.102(3) FS.

    LAW IMPLEMENTED: 896.102 FS.

    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

    DATE AND TIME: July 18, 2018, 10:00 a.m.

    PLACE: 2450 Shumard Oak Boulevard, Building 1, Room 1220, 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 48 hours before the workshop/meeting by contacting: Becky Avrett at (850)717-6799 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: Tammy Miller, Technical Assistance and Dispute Resolution, Department of Revenue, P.O. Box 7443, Tallahassee, Florida 32314-7443, telephone (850)617-8346.

     

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS:

    Published on the Department’s website at www.floridarevenue.com/rules.

Document Information

Subject:
Updates to administrative provisions under the Florida Money Laundering Act.
Purpose:
The purpose of the proposed amendments to Rule 12-19.002 and 12-19.004, F.A.C., is to update the name of the Florida Money Laundering Act, correct cross references to other provisions, to remove a redundant definition, and to incorporate by reference an Internal Revenue Code provision used in the rule.
Rulemaking Authority:
896.102(3) FS.
Law:
896.102 FS.
Contact:
Tammy Miller, Technical Assistance and Dispute Resolution, Department of Revenue, P.O. Box 7443, Tallahassee, Florida 32314-7443, telephone (850) 617-8346.
Related Rules: (2)
12-19.002. Large Currency Transaction Reports Required
12-19.004. Penalties for Failure to Comply