7731596, 19B-9.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 7731596

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Florida Prepaid College Board

Chapter:

TRANSFERABILITY

Overview

RULE:

19B-9.003

Transfer to Out-of-State Schools (Repealed)

PURPOSE:

This rule is being repealed due to the enactment of the amendment to Section 1009.98(3), F.S., which revised and expanded the types of postsecondary educational institutions at which the benefits from Prepaid College Plans may be used. This rule change is related to the amendment to Rule 19B-9.002, F.A.C. The current rule permits the transfer of the benefits of an advance payment contract to an out-of-state community college, college or university and specifies the amount that will be transferred to those institutions under a tuition plan, local fee plan, tuition differential fee plan and dormitory plan.

SUMMARY:

This rule permits the transfer of the benefits of an advance payment contract to an out-of-state community college, college or university and specifies the amount that will be transferred to those institutions under a tuition plan, local fee plan, tuition differential fee plan and dormitory plan. This rule is being repealed due to the enactment of the amendment to Section 1009.98(3), F.S., which revised and expanded the types of postsecondary educational institutions at which the benefits from Prepaid College Plans may be used. This rule change is related to the amendment to Rule 19B-9.002, F.A.C.

RULEMAKING AUTHORITY:

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

LAW:

1009.98(3) FS.

PRINT PUBLISH DATE:

10/9/2009 Vol. 35/40

COMMENTS:

From 10/9/2009 To 10/30/2009 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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