Notice of Development of Rulemaking

DEPARTMENT OF REVENUE
Miscellaneous Tax
RULE NO: RULE TITLE
12B-8.003: Tax Statement; Overpayments
PURPOSE AND EFFECT: The purpose of the proposed amendments to Rule 12B-8.003, F.A.C. (Tax Statement; Overpayments), is to adopt, by reference, changes to forms used by the Department in the administration of the insurance premium tax.
SUBJECT AREA TO BE ADDRESSED: The subject area of this rule development is the proposed adoption of changes to forms used by the Department in the administration of the insurance premium tax.
SPECIFIC AUTHORITY: 213.06(1) FS.
LAW IMPLEMENTED: 213.05, 213.37, 624.5092, 624.511, 624.518 FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: July 23, 2007, 10:00 a.m.
PLACE: Room 118, Carlton Building, 501 S. Calhoun Street, Tallahassee, Florida
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 48 hours before the workshop/meeting by contacting: Larry Green at (850)922-4830. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, (800)955-8771 (TDD) or (800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Jamie Peate, Operations Analyst, Technical Assistance and Dispute Resolution, Department of Revenue, P.O. Box 7443, Tallahassee, Florida 32314-7443, telephone (850)922-4726

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS:

12B‑8.003 Tax Statement; Overpayments.

(1) Tax returns and reports shall be made by insurers on forms prescribed by the Department. These forms are hereby incorporated by reference in this rule.

(2) through (4) No change.

Form Number                Title                                                                Effective Date

(5)(a) DR-907                 Florida Insurance Premium

                                        Installment Payment

                                        (R. 01/08 01/07)                                             ___ 04/07

(b) DR-907N                  Information for Filing Insurance

                                        Premium Installment Payment

                                        (Form DR-907)

                                        (R. 01/08 01/07)                                             ___ 04/07

(6)(a) DR-908                 Insurance Premium Taxes and

                                        Fees Return for Calendar

                                        Year 2007 2006

                                        (R. 01/08 01/07)                                             ___ 04/07

(b) DR-908N                  Instructions for Preparing

                                        Form DR-908 Florida

                                        Insurance Premium Taxes

                                        and Fees Return

                                        (R. 01/08 01/07)                                             ___ 04/07

(7) DR-350900               2007 2006 Insurance Premium

                                        Tax Information for Schedules

                                        XII and XIII, DR-908

                                        (R. 01/08 01/07)                                             ___ 04/07

Specific Authority 213.06(1) FS. Law Implemented 213.05, 213.37, 624.5092, 624.511, 624.518 FS. History–New 2‑3‑80, Formerly 12B‑8.03, Amended 3‑25‑90, 3‑10‑91, 2‑18‑93, 6‑16‑94, 12‑9‑97, 3‑23‑98, 7‑1‑99, 10-15-01, 8-1-02, 5-4-03, 9-28-04, 6-28-05, 6-20-06, 4-5-07,________.