To update the Department’s rules to ensure that its rules are correct and comply with statutory requirements, in accordance with Section 120.74, F.S.

 

DEPARTMENT OF FINANCIAL SERVICES
Division of Accounting and Auditing

RULE NO.: RULE TITLE:
69I-23.005: Reimbursement of Revolving Funds

PURPOSE AND EFFECT: To update the Department’s rules to ensure that its rules are correct and comply with statutory requirements, in accordance with Section 120.74, FS.

SUMMARY: The rule amendment is required to remove obsolete information. Further, the amendment revises the Department’s mailing address.

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: 1) No requirement for a SERC was triggered under Section 120.541(1); and 2) The amendments will not exceed any one of the economic analysis criteria in a SERC, as set forth in Section 120.541(2)(a), FS.

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: 17.14, 17.29 FS.

LAW IMPLEMENTED: 215.42, 216.271 FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW (IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):

DATE AND TIME: Wednesday, September 19, 2012, 9:30 a.m.

PLACE: Room 142, Larson Building, 200 East Gaines Street, 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 5 days before the workshop/meeting by contacting: Jennifer Pelham, [phone] or [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 IS: Jennifer Pelham, Financial Administrator, Bureau of Financial Reporting, Division of Accounting & Auditing, Department of Financial Services, 200 East Gaines Street, Tallahassee, Florida 32399-0354, [phone] or [e-mail]

THE FULL TEXT OF THE PROPOSED RULE IS:

69I-23.005 Reimbursement of Revolving Funds.

(1) Vouchers requesting reimbursement must include invoices, sales receipts or other supporting documentation and in the case of a payment by check, provide a copy of the checks or a check register including the date, number, amount and payee of each check, or provide the check number, amount and date on the invoice. Reimbursement requests shall be sent to the:

Bureau of Auditing

Department of Financial Services

200 East Gaines Street

Tallahassee, Florida 32399-0355

[phone]

(2) If a revolving fund is being established or increased from the General Revenue Fund, the voucher shall be prepared using FLAIR account code 44-10-1-000905- 44100000-00-315000-00 and object code 870000.

(3) If a revolving fund is to be established or increased from a Trust Fund, a voucher shall be prepared using object code 870000.

(2)(4) Reimbursements to revolving funds for travel expenses will only be made if:

(a) through (e) No change.

Rulemaking Specific Authority 17.14, 17.29 FS. Law Implemented 215.42, 216.271 FS. History–New 3-24-88, Amended 11-20-94, Formerly 3A-23.005, Amended__________.

Cf. See Rules 69I-40.003 and 69I-42.005 for forms referenced herein which have been previously adopted by the Department; see Chapter 69I-40, F.A.C., for object code identification rules.

NAME OF PERSON ORIGINATING PROPOSED RULE: Jennifer Pelham, Financial Administrator, Bureau of Financial Reporting, Division of Accounting & Auditing, Department of Financial Services

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jeff Atwater, Chief Financial Officer, Department of Financial Services

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 7, 2012

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: June 8, 2012