Notice of Development of Rulemaking

STATE BOARD OF ADMINISTRATION
RULE NO: RULE TITLE
19-15.001: Insurance Capital Build-Up Incentive Program
PURPOSE AND EFFECT: The Legislature made changes to the Insurance Capital Build-Up Incentive Program, Section 215.5595, F.S., during the 2007 Special Legislative Session and during the regular 2007 Legislative Session. Due to this legislation, amendments to Rule 19-15.001, F.A.C. are necessary.
SUBJECT AREA TO BE ADDRESSED: The rule addresses the changes that need to be made as the result of legislative changes to the Governing Act.
SPECIFIC AUTHORITY: 215.5595 FS.
LAW IMPLEMENTED: 215.5595 FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE WEEKLY.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Tracy Allen, Senior FHCF Attorney, State Board of Administration of Florida. Mailing Address: P. O. Box 13300, Tallahassee, FL 32317-3300, e-mail address: tracy.allen@sbafla.com, telephone: (850)413-1341

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.