25124860, 19B-16.013 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 25124860

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Florida Prepaid College Board

Chapter:

FLORIDA COLLEGE SAVINGS PROGRAM

Overview

RULE:

19B-16.013

Maximum Account Balance Limit

PURPOSE:

The purpose and effect of this proposed rule is to reimplement as administrative rules maximum account balance limits that were previously repealed as a part of 19B-16.005.

SUMMARY:

These rules are amended to specify the former federal standard under which an Account Owner may change the Investment Options.

RULEMAKING AUTHORITY:

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

LAW:

1009.971, 1009.98, 1009.981 FS.

PRINT PUBLISH DATE:

10/12/2021 Vol. 47/198

COMMENTS:

From 10/12/2021 To 11/2/2021 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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