RULE NO: RULE TITLE
19-8.010: Reimbursement Contract
19-8.013: Revenue Bonds Issued Pursuant to Section 215.555(6), F.S
PURPOSE AND EFFECT: The 2006 Legislature passed CS/CS for SB 1980 on Friday, May 5, 2006 and this Bill became law on May 16, 2006. Due to this legislation, emergency rules were necessary. On May 16 and May 31, 2006, respectively, Emergency Rules 19ER06-1 (19-8.010 Reimbursement Contract) and 19ER06-2 (19-8.013 Revenue Bonds Issued Pursuant to Section 215.555(6), F.S.) were filed and became effective. Pursuant to Section 120.54(4), Florida Statutes, these emergency rules are effective for only 90 days. Thus, the Florida Hurricane Catastrophe Fund (FHCF) is now entering into the rulemaking process to incorporate the changes made by the emergency rules into permanent rules.
SUBJECT AREA TO BE ADDRESSED: Contract requirements for the 2006-2007 Contract Year and Revenue Bonds.
SPECIFIC AUTHORITY: 215.555(3), (6) FS.
LAW IMPLEMENTED: 215.555 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: Jack E. Nicholson, Senior FHCF Officer, State Board of Administration, P. O. Box 13300, Tallahassee, Florida 32317-3300; telephone (850)413-1340.
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS: Available on the FHCF website www.sbafla.com/fhcf or may be obtained at no charge from Tracy Allen, Senior FHCF Attorney, State Board of Administration, P. O. Box 13300, Tallahassee, FL 32317-3300; telephone (850)413-1341.