19580049, 19-7.002 - Florida Administrative Rules, Law, Code, Register

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Notice: 19580049

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 June 14, 2017 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 June 14, 2017. There are no other rules incorporating this rule. The proposed amendments do not have an impact on any other rules.

RULEMAKING AUTHORITY:

218.412, 218.421(1), 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:

10/27/2017 Vol. 43/209

COMMENTS:

From 10/27/2017 To 11/17/2017 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

Ref-08622 Investment Policy Statement- Local Government Surplus Funds Trust Fund

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