29245711, 19A-1.009 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 29245711

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Division of Bond Finance

Chapter:

LOCAL MUNICIPAL BOND REPORTING PROCEDURES

Overview

RULE:

19A-1.009

Local Government Bond Information Reporting

PURPOSE:

The proposed rulemaking modifies the information required to be reported by units of local government issuing general obligation bonds and revenue bonds the state to the Division of Bond Finance to remove duplicative language and reporting of information that is no longer needed. The proposed rule will adopt a new form to replace the Bond Information Form, Bond Disclosure Form – Competitive Sale, and Bond Disclosure Form – Negotiated Sale, contained in Rules 19A-1.003, 1.0041, 1.0051, and 1.006 (those standalone rules will be repealed) and incorporate the new form by reference.

SUMMARY:

The proposed rulemaking will revise the information that units of local government are required to report to the Division of Bond Finance to align with Section 218.38(1), Florida Statutes, and eliminate the reporting of information that is no longer needed. A new form will be adopted and incorporated by reference to remove duplicative language and replace Rules 19A-1.003, 1.0041, 1.0051, and 1.006, which will be repealed.

RULEMAKING AUTHORITY:

218.37(3) FS

LAW:

218.38(1) FS

PRINT PUBLISH DATE:

2/11/2025 Vol. 51/28

COMMENTS:

From 2/11/2025 To 3/4/2025 (21 Days)

REFERENCE MATERIALS:

Ref-17826 Form No. DBF 2025-1.009

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