18347470, 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: 18347470

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 approved and made effective by the Trustees on August 2, 2016 for the Local Government Surplus Funds Trust Fund (Non-Qualified).

SUMMARY:

To adopt the most recent Investment Policy Statement for Florida PRIME, which became effective August 2, 2016. There are no other rules incorporating this 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), 288.405(4) FS.

LAW:

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

PRINT PUBLISH DATE:

12/7/2016 Vol. 42/236

COMMENTS:

From 12/7/2016 To 12/28/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

Ref-01000 Investment Policy Statement-Florida PRIME
Ref-05858 Investment Policy Statement- Florida PRIME
Ref-07429 Florida PRIME Investment Policy Statement- August 2016

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