- NOTICE OF CHANGENotice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 37 No. 25, June 24, 2011 issue of the Florida Administrative Weekly.
To comply with the requirements of Chapter 2011-255, Laws of Florida, the Summary of Statement of Estimated Regulatory Costs is amended to read as follows: The Department has determined that the proposed rule 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 that has been prepared by the Department is summarized as follows: The proposed rule is not likely to; 1) directly or indirectly have an adverse impact on economic growth, private sector job creation or employment, or private sector investment in excess of $1 million in the aggregate within 5 years after the implementation of the rule; 2) directly or indirectly have an adverse impact on business competitiveness, including the ability of persons doing business in the state to compete with persons doing business in other states or domestic markets, productivity, or innovation in excess of $1 million in the aggregate within 5 years after the implementation of the rule; or 3) directly or indirectly increase regulatory costs, including any transactional costs, in excess of $1 million in the aggregate within 5 years after the implementation of the rule. In addition, the proposed rule does not impose additional costs on any state or local government entity. Accordingly, the Department has determined that the proposed rule will not require legislative ratification.
When changed, subsections (3) through (6) shall read as follows:
69B-215.235 Use of Designations.
(1) through (2) No change.
(3) For purposes of this rule:
(a) A designation is any combination of words, any acronym standing for a combination of words or any job title that indicates or implies that a licensee has special knowledge or training in advising or servicing consumers beyond the knowledge or training required for the license held.
(b) No change.
(4) A designation may not be lawfully used under the Insurance Code unless the designation is obtained from an organization that has published standards and procedures for assuring the competency of its certificants or designees on specific subject matters, which standards and procedures are continually utilized by the organization.
(5) The organization or entity conferring the designation must approve any terminology, combination of words and/or acronym to be used by the designee.
(6) The prohibited use of any designation includes, but is not limited to, the following:
(a) through (b) No change.
(c) Use of a designation that indicates or implies a level of occupational qualifications obtained through education, training, or experience that the person using the designation does not have, and
(d) No change.
Rulemaking Authority 626.9611(1) FS. Law Implemented 626.9541(1)(ff) FS. HistoryNew________.
The remainder of the rule reads as previously published.