Florida Cabinet Advances Florida Hurricane Catastrophe Fund Reporting Requirements, Insurance Premium Tax Reporting Rules; Approves Contested Gainesville Biomass Plant
Dec 8, 2010
At its meeting yesterday, December 7, 2010, the Florida Cabinet approved several insurance-related items as part of its regular agenda. This was the final meeting of the current Cabinet before new members are scheduled to take office in January 2011. To access the complete meeting agenda, click here.
Florida State Board of Administration
The Cabinet approved a Florida State Board of Administration request to authorize approval of, and authority to file, a Notice of Proposed Rule for the following Florida Hurricane Catastrophe Fund proposed Rules:
19-8.029 Insurer Reporting Requirements
19-8.030 Insurer Responsibilities
With no discussion or objection from the members, the Cabinet also approved the proposed Rules to be filed for final adoption if no member of the public requests a Rule Hearing after the aforementioned Notice. To view addendums and updated information on each proposed Rule, click here.
Included on the Florida Department of Revenue (“DOR”) agenda and approved by the Cabinet were proposed amendments to Rule 12B-8.003, entitled “Tax Statement; Overpayments.”
The Cabinet’s action adopts changes to DOR forms used in the administration of Florida’s insurance premium tax.
- Acting in its capacity as the Power Plant Siting Board, the Cabinet approved final certification of the Gainesville Renewable Energy Center, a 100-megawatt wood-burning power plant, after hearing comments from several speakers both for and against the project. The plant had heretofore been approved by a Florida administrative law judge, as well as the Florida Public Service Commission.
Should you have any questions or comments, please contact Colodny Fass.
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