29978934, 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: 29978934

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 the Local Government Surplus Funds Trust Fund (Non-Qualified) Investment Plan Statement that was approved by the Board of Trustees on June 10, 2025, and make a technical change. 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) that was approved on June 10, 2025, and to make technical edits.

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:

9/11/2025 Vol. 51/177

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=9/11/2025&Section=1

REFERENCE MATERIALS:

No reference(s).

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