22926743, 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: 22926743

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 and made effective by the Trustees on July 25, 2019 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 July 25, 2019. There are no other rules incorporating this rule. The proposed amendments do not have an impact on any other rules.

RULEMAKING AUTHORITY:

218.405(4), 218.412 FS.

LAW:

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

PRINT PUBLISH DATE:

2/14/2020 Vol. 46/31

COMMENTS:

From 2/14/2020 To 3/6/2020 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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