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Florida Proposed Rules

Rule Number: Rule Title

12B-4.052 Computation of Tax; Definitions

Next Step:A rule development workshop has been requested and will be held at 10:00 a.m. on September 23, 2021, 10:00 a.m., 2450 Shumard Oak Boulevard, Building 1, Room 1220, Tallahassee, Florida 32399. Anyone wishing to attend the workshop remotely may register at https://attendee.gotowebinar.com/register/7422330626551160080. An agenda and materials for the workshop are available below.

Workshop Information:September 23, 2021
Draft Rule Language:September 23, 2021
Notice of Rule Development:September 9, 2021 (Vol. 47, No. 175, pp. 4124-4125)

Purpose:    The purpose of this rulemaking is to update the Department's rules documentary stamp tax to address 2021 legislative changes contained in Chapter 2021-31, Laws of Florida. Section 14 of the chapter law amends Section 201.08, Florida Statutes, to provide that a modification of an original document, on which documentary stamp tax was previously paid, which changes only the interest rate and is made as the result of the discontinuation of an index to which the original interest rate is referenced, is not a renewal and is not subject to documentary stamp tax. Rule 12B-4.052 is updated to incorporate this change.