2A-8.005: Adjustments to Reflect Consumer Price Index
PURPOSE AND EFFECT: The proposed rule amendments are intended to reflect changes to benefits with regard to the recent changes in the Consumer Price Index.
SUMMARY: The proposed rule amendments reflect revised benefit payments in response to adjustments to the Consumer Price Index.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:
The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the agency.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
RULEMAKING AUTHORITY: 112.19 FS.
LAW IMPLEMENTED: 112.19 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Rick Nuss, Chief, Bureau of Criminal Justice Programs, Department of Legal Affairs, PL-01, The Capitol, Tallahassee, Florida 32399-1050
THE FULL TEXT OF THE PROPOSED RULE IS:
2A-8.005 Adjustments to Reflect Consumer Price Index.
(1) Section 112.19(2)(j), F.S., requires the Bureau to adjust the statutory amount on July 1 of each year based on the Consumer Price Index for all urban consumers published by the United States Department of Labor, using the most recent figures available. The Bureau will utilize the previous March Consumer Price Index published by the United States Department of Labor and the benefits shall be adjusted from the benefit amount of the year before.
(2) The Consumer Price Index amount in March 2012 2010 increased 2.7 percent. Therefore, the statutory amount for the period July 1, 2012 2011 through June 30, 2013 2012, is:
(a) For those benefits paid or to be paid under paragraph (a) of subsection (2); $63,843.86 $62,465.39.
(b) For those benefits paid or to be paid under paragraph (b) of subsection (2); $63,843.86 $62,465.39.
(c) For those benefits paid or to be paid under paragraph (c) of subsection (2); $192,455.70 $187,396.
Rulemaking Authority 112.19 FS. Law Implemented 112.19 FS. History–New 12-10-03, Amended 8-17-04, 7-26-05, 7-26-06, 7-15-07, 7-20-08, 7-20-09, 7-4-10, 7-18-11,________.