Purpose


The proposed amendments to Rule Chapter 69I-25, F.A.C., will repeal two rules to eliminate duplicative information that is identical in section 55.03, F.S., and implement the legislative changes made to section 55.03, F.S., which requires the rate of interest to be set quarterly by the Chief Financial Officer, lowers the basis points that get added to the federal discount rate to 400 for rate calculation purposes, and includes the four dates in a calendar year that the rate of interest shall be set on for payments on judgments or decrees.