16977927, 19B-18.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 16977927

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Florida Prepaid College Board

Chapter:

Florida ABLE Program

Overview

RULE:

19B-18.001	Application of Rule Chapter; Definitions
19B-18.002	Application for Participation in the Program
19B-18.003	Participation Agreement
19B-18.005	Account and Administration Fees

PURPOSE:

The purpose and effect of these rule developments is to create the initial administrative rules for the Florida ABLE Program.

SUMMARY:

The initial rules for the Florida ABLE Program include definitions as authorized by statute and incorporated into the Participation Agreement and Terms and Conditions; what information can be collected from an applicant for an ABLE Account; the Participation Agreement and Terms and Conditions that are incorporated by reference into the rule; and the factors that may be considered when evaluating the amount to be charged for the Account Fee and Administration Fee.

RULEMAKING AUTHORITY:

1009.971(1), (4) and 1009.986(10) FS.

LAW:

1009.986 FS.

PRINT PUBLISH DATE:

1/27/2016 Vol. 42/17

COMMENTS:

From 1/27/2016 To 2/17/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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