Florida Proposed Rules
| Rule Number: Rule Title |
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12B-4.052 Computation of Tax; Definitions
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| Next Step: |
At the March 29, 2022, meeting, the Governor and Cabinet approved the publication of the Notice of Proposed Rulemaking and subsequent adoption of the proposed rule if the substance of the proposed rule
[including materials incorporated by reference, if any] remained unchanged upon reaching the date applicable to filing for final adoption pursuant to s. 120.54(3)(e)2., F.S. No substantive changes were made to the rule and the
Department filed the rule for certification with the Department of State on May 3, 2022. This rule went into effect on May 23, 2022. |
| Certified Final Language: | May 23, 2022 |
| Certification Package: | May 3, 2022 |
| Certification Letter to JAPC: | April 25, 2022 |
| Hearing Information: | April 21, 2022 |
| Package Filed with JAPC: | April 1, 2022 |
| Notice of Proposed Rule: | March 31, 2022 (Vol. 48, No. 63, pp. 1236-1237) |
| Cabinet Meeting for Hearing: | March 29, 2022 |
| Notice of Public Meeting - Cabinet for Hearing: | March 18, 2022 (Vol. 48, No. 54, p. 1048) |
| Workshop Transcript: | September 23, 2021 |
| 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.
