28618121, 69O-171.013 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28618121

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

PROPERTY AND CASUALTY INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-171.013

Premium Tax Discounts

PURPOSE:

To implement the provisions regarding premium tax discounts enacted in Section 624.5108, F.S., rule 69O-171.013 is being created. The rule specifies how the deductions are to be listed on the declarations page, how the deductions are to be reported to the office and promulgates a form for reporting that information. This rule hearing was originally scheduled for August 5, 2024, and noticed on July 25, 2024, in FAR Vol. 50/145. It is being rescheduled on an expedited basis under the provisions of Section 4. B. of Executive Orders 24-156 and 24-157, due to the impacts caused by Hurricane Debby.

SUBJECT:

Premium Tax Discounts

RULEMAKING AUTHORITY:

624.308(1), FS

LAW:

624.5108, FS

PRINT PUBLISH DATE:

8/7/2024 Vol. 50/154

RELATED STATUTES
AND LAWS:

624.308(1), FS, 624.5108, FS

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69O-171.013&PDate=8/7/2024&Section=1

REFERENCE MATERIALS:

No reference(s).

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