16469259, 69C-3.004 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 16469259

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Treasury

Chapter:

ADMINISTRATION OF CERTAIN STATE FUND INVESTMENTS

Overview

RULE:

69C-3.004	Transfer of Funds from an Eligible Fund to an Investment Account
69C-3.006	Transfer of Funds from the Investment Account to an Eligible Fund

PURPOSE:

The proposed rules delete obsolete language and provide updated procedures to enhance efficiencies associated with the transfer of a State agency’s eligible funds to the investment account of the Chief Financial Officer, and the return of all or a portion of such monies to the agency’s eligible fund.

SUMMARY:

The proposed rules provide updated procedures and a new form relating to the transfer of an agency’s eligible funds to the CFO’s investment account and the return of the invested balances of such monies to the eligible fund.

RULEMAKING AUTHORITY:

17.29, FS.

LAW:

17.61, 17.65, FS.

PRINT PUBLISH DATE:

9/14/2015 Vol. 41/178

COMMENTS:

From 9/14/2015 To 10/5/2015 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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