12951554, 12B-8.016 - Florida Administrative Rules, Law, Code, Register

Home

Florida Department of State and Division of Library and Information Services

Notice: 12951554

Notice of Development of Rulemaking

Department:

DEPARTMENT OF REVENUE

Division:

Miscellaneous Tax

Chapter:

INSURANCE PREMIUM TAXES, FEES AND SURCHARGES

Overview

RULE:

12B-8.016

Retaliatory Provisions

PURPOSE:

The Department is developing proposed amendments to Rule 12B-8.016, F.A.C. (Retaliatory Provisions), to provide guidance regarding paragraph 624.5091(1)(a), F.S. The proposed amendments will seek to provide clarification of how the retaliatory tax comparison is made between items that "are or would be imposed upon Florida insurers, or upon the agents or representatives of such insurers," as compared to items from the insurer's state of domicile that are "directly imposed upon similar insurers, or upon the agents or representatives of such insurers."

SUBJECT:

The subject area to be addressed concerns items included in the retaliatory tax computation. This is a rule development workshop at which participation and information regarding the retaliatory tax computation is encouraged. Persons are encouraged to participate in the rule development workshop and to submit written comments for the following issue:
•  Items to be included or excluded in the Florida Retaliatory Tax computation, and what impact, if any, the payment by or the reimbursement from an insurer's agent (Florida or state of domicile) has on the inclusion or exclusion of that item from the computation.

RULEMAKING AUTHORITY:

213.06(1) FS.

LAW:

213.05, 624.509, 624.5091, 624.5092 FS.

PRINT PUBLISH DATE:

5/2/2013 Vol. 39/86

RELATED STATUTES
AND LAWS:

213.06(1) FS., 213.05, 624.509, 624.5091, 624.5092 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=12B-8.016&PDate=5/2/2013&Section=1

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.