16703223, 19-7.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 16703223

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Chapter:

RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND

Overview

RULE:

19-7.002

Investment Policy Statements

PURPOSE:

To adopt the most recent revised Investment Policy Statement approved by the Trustees effective July 1, 2015 for the Local Government Surplus Funds Trust Fund (Non-Qualified). To remove the reference to the Investment Policy Statement for the Fund B Surplus Funds Trust Fund (Non-Qualified)  as this fund has been liquidated.

SUMMARY:

To adopt the most recent Investment Policy Statement for Florida PRIME and to remove all references to the Investment Policy Statement for the Fund B Surplus Funds Trust Fund. There are no other rules incorporating this proposed rule. The proposed amendments do not have an impact on any other rules. Legislative ratification of these rule amendments is not required.

RULEMAKING AUTHORITY:

218.412, 218.421(1)(b) FS.

LAW:

218.405(1), (2), (3), (4), 218.409(2), (9), 218.415(17), 218.418, 218.421(2) FS.

PRINT PUBLISH DATE:

11/2/2015 Vol. 41/213

COMMENTS:

From 11/2/2015 To 11/23/2015 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

Ref-04447 Florida PRIME Investment Policy Statement- 07-01-14
Ref-05858 Investment Policy Statement- Florida PRIME

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