The Board proposes the rule amendment to increase annual assessment fees.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Board of Employee Leasing Companies

RULE NO.:RULE TITLE:

61G7-5.002Annual Assessment on Gross Florida Payroll

PURPOSE AND EFFECT: The Board proposes the rule amendment to increase annual assessment fees.

SUMMARY: The annual assessment fees will be increased.

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 been prepared by the Agency.

The following is a summary of the SERC:

• According to a DBPR license count completed on February 1, 2015, 233 licensed employee leasing companies are expected to comply with the rule.

• There will be no costs to the Department for implementing the proposed rule.

• There will be no costs to any other state and local government entities for implementing the proposed rule.

• There will be no costs to any other state and local government enforcing the proposed rule.

• There will be no costs to the department enforcing the proposed rule

• The costs incurred by individuals and entities required to comply with the requirements of the proposed rule will be minimal.

• The estimated number of small businesses that would be subject to the rule is between 100 – 499.

• No small county or small city will be impacted by this proposed rule.

• No good faith written proposals for a lower cost regulatory alternative to the proposed rule were received.

The agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs.

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: 468.522 FS.

LAW IMPLEMENTED: 468.526(3) 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: Richard Morrison, Executive Director, Board of Employee Leasing Companies, 1940 North Monroe Street, Tallahassee, Florida 32399-0767.

 

THE FULL TEXT OF THE PROPOSED RULE IS:

61G7-5.002 Annual Assessment on Gross Florida Payroll.

(1) The Department of Business and Professional Regulation shall assess each Employee Leasing Company and each Employee Leasing Company Group an annual assessment fee based upon the preceding calendar year’s gross Florida payroll of the company or group. The assessment shall be due on April 1 of each year and shall become delinquent after April 30. For new applicants the initial assessment shall be due with the licensure application. Funds collected under this assessment are to be made payable to the Board and to be deposited into the Professional Regulation Trust Fund as created within the Department. The annual assessment fee shall be calculated in accordance with the following table:

Amount of Gross	Assessment
Florida Payroll	Fee Due
less than $250,000	$72.00 36.00
$250,000 – $500,000	$127.00 64.00
$500,001 – $1,000,000	$190.00 95.00
$1,000,001 – $2,500,000	$267.50 134.00
$2,500,001 – $5,000,000	$344.50 172.00
$5,000,001 – $7,500,000	$422.00 211.00
$7,500,001 – $10,000,000	$499.00 250.00
$10,000,001 – $15,000,000	$577.00 289.00
$15,000,001 – $20,000,000	$654.00 327.00
$20,000,001 – $30,000,000	$731.00 366.00
$30,000,001 – $40,000,000	$808.50 404.00
$40,000,001 – $50,000,000	$914.50 457.00
greater than $50,000,000	$1019.50510.00

(2) through (3) No change.

Rulemaking Authority 468.522 FS. Law Implemented 468.526(3) FS. History–New 7-15-92, Formerly 21EE-5.002, Amended 4-25-94, 6-10-96, 6-22-98, 7-11-00, 9-5-04, 3-27-05, 7-6-05, 2-28-12,__________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Board of Employee Leasing Companies

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Board of Employee Leasing Companies

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: June 17, 2015

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: July 6, 2015