17521030, 19B-4.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 17521030

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Florida Prepaid College Board

Chapter:

ADVANCE PAYMENT CONTRACT APPLICATION AND PAYMENTS

Overview

RULE:

19B-4.001

Application

PURPOSE:

The purpose and effect of this rule revision is to update and reflect changes to the Master Contract for the Florida Prepaid College Plan.

SUMMARY:

This rule is amended to incorporate changes to the Master Contract for the Florida Prepaid College Plan to include the Gardiner Scholarship Program Account, among other items related to Section 1002.385, Fla. Stat., along with clarifying revisions to the Master Contract to align with guidance regarding Section 529 of the Internal Revenue Code.

RULEMAKING AUTHORITY:

1009.971(1), (4), (6). FS.

LAW:

1009.971, 1009.981(1)(c), and 1009.981(2) FS.

PRINT PUBLISH DATE:

5/11/2016 Vol. 42/92

COMMENTS:

From 5/11/2016 To 6/1/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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