14148631, 73C-3.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 14148631

Notice of Development of Rulemaking

Department:

DEPARTMENT OF COMMERCE

Division:

Division of Community Development

Chapter:

New Markets Development Program

Overview

RULE:

73C-3.001

Eligible Industry Waiver

PURPOSE:

This rule will provide qualified community development entities that want to request a waiver of the eligible industry requirement when making qualified low-income community investments with guidance by providing a timeline, application, and definitions, to be used when requesting the waiver.  Defining the process will allow the Department to more efficiently manage the New Markets Development Program.

SUBJECT:

This rule addresses the process by which a qualified community development entity may request an eligible industry waiver from the Department.

RULEMAKING AUTHORITY:

288.9921, FS.

LAW:

288.9914(1)(b), FS.

PRINT PUBLISH DATE:

2/6/2014 Vol. 40/25

RELATED STATUTES
AND LAWS:

288.9921, FS., 288.9914(1)(b), FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=73C-3.001&PDate=2/6/2014&Section=1

REFERENCE MATERIALS:

No reference(s).

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