The Commission proposes to promulgate and adopt the new rule to update and incorporate Form BPR-0009-451 to reflect statutorily-mandated requirements.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

State Boxing Commission

RULE NO.:RULE TITLE:

61K1-3.006Contracts Between Manager and Participant

PURPOSE AND EFFECT: The Commission proposes to promulgate and adopt the new rule to update and incorporate Form BPR-0009-451 to reflect statutorily-mandated requirements.

SUMMARY: The new rule will update and incorporate Form BPR-0009-451.

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: During discussion of the economic impact of this rule at its Board meeting, the Board, based upon the expertise and experience of its members, determined that a Statement of Estimated Regulatory Costs (SERC) was not necessary and that the rule will not require ratification by the Legislature. No person or interested party submitted additional information regarding the economic impact at that time.

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: 548.003 FS.

LAW IMPLEMENTED: 548.05, 548.056 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: Paul Waters, Executive Director, State Boxing Commission, 1940 N. Monroe Street, Tallahassee, Florida 32399-1016, [phone]

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

61K1-3.006 Contracts Between Managers and Participants.

(1) All contracts entered into between a manager and a participant shall utilize Form BPR-0009-451, “Letter of Agreement Between Participant and Manager,” revised 4/2015, adopted and incorporated herein by reference, which may be obtained from the Board office, http://www.flrules.org/Gateway/reference.asp?No=Ref-05437 or at http://www.myfloridalicense.com/dbpr/pro/sbc/documents/451_letter_of_agreement_part_and_man.pdf.

(2) Addendums which contain additional terms may be added to Form BPR-0009-451. Said additional terms may not conflict with Chapter 548, F.S., or any Commission rules.

Rulemaking Authority 548.003 FS. Law Implemented 548.05, 548.056, FS. History– New ________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: State Boxing Commission

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: State Boxing Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: April 28, 2015

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: June 5, 2015