29633032, 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: 29633032

Notice of Development of Rulemaking

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:

An amendment is being made to Rule 19-7.002, Florida Administrative Code, to adopt the revised Investment Plan Statement for the Local Government Surplus Funds Trust Fund (Non-Qualified), after it is approved by the Board of Trustees on June 10, 2025. If the Investment Policy Statement is not approved, the rule will not be amended. There are no other rules incorporating these proposed amended rules. The proposed amendments do not have an impact on any other rules. Legislative ratification of the rule amendments is not required.

SUBJECT:

Rule 19-7.002 is being amended to adopt and incorporate the most recent version of the Investment Policy Statement for Local Government Surplus Funds Trust Fund (Non-Qualified) after it is approved on June 10, 2025.

RULEMAKING AUTHORITY:

: 218.405(4), 218.412, 218.421(1) FS

LAW:

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

PRINT PUBLISH DATE:

6/4/2025 Vol. 51/108

RELATED STATUTES
AND LAWS:

: 218.405(4), 218.412, 218.421(1) FS, : 218.405(1), (2), (3), (4), 218.409(2), (9), 218.415(17) 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=19-7.002&PDate=6/4/2025&Section=1

REFERENCE MATERIALS:

No reference(s).

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