Notice of Development of Rulemaking

DEPARTMENT OF FINANCIAL SERVICES
Division of Accounting and Auditing
RULE NO: RULE TITLE
69I-3.004: Deferred Payment Commodity Contracting
PURPOSE AND EFFECT: To implement Department responsibilities under Section 287.063, F.S. In 2008, Section 24, Chapter 2008-227, amending Section 287.063, F.S., added requirements to the criteria stated in Section 287.063, F.S., for allowing an agency to seek financing without using the Consolidated Equipment Finance Program (CEFP). A new rule is being promulgated to reflect these statutory changes, and to separate the rules related to Section 287.063, F.S., exceptions to the CEFP Program from Rule 69I-3.001, F.A.C., which addresses rules for the CEFP Program.
SUBJECT AREA TO BE ADDRESSED: Establish criteria for approving purchases made under deferred-payment contracts which require the payment of interest, related to requesting equipment leases, under Section 287.063, F.S.
SPECIFIC AUTHORITY: 17.29, 287.063(2)(b) FS.
LAW IMPLEMENTED: 287.063, 287.064 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.
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 5 days before the workshop/meeting by contacting: Mike Rutherford, (850)413-5594 or Mike.Rutherford@MyFloridaCFO.com. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Mike Rutherford, (850)413-5594 or Mike.Rutherford@MyFloridaCFO.com.

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