Florida Senate - 2016                                    SB 1226
       
       
        
       By Senator Ring
       
       29-01538-16                                           20161226__
    1                        A bill to be entitled                      
    2         An act relating to administrative procedures; amending
    3         s. 120.541, F.S.; providing additional requirements
    4         for the calculation of estimated adverse impacts and
    5         regulatory costs; providing an effective date.
    6          
    7  Be It Enacted by the Legislature of the State of Florida:
    8  
    9         Section 1. Subsection (5) is added to section 120.541,
   10  Florida Statutes, to read:
   11         120.541 Statement of estimated regulatory costs.—
   12         (5) For purposes of subsections (2) and (3), adverse
   13  impacts and regulatory costs likely to occur within 5 years
   14  after implementation of the rule include adverse impacts and
   15  regulatory costs estimated to occur within 5 years after the
   16  effective date of the rule. However, if any provision of the
   17  rule is not fully implemented upon the effective date of the
   18  rule, the adverse impacts and regulatory costs associated with
   19  such provision must be adjusted to include any additional
   20  adverse impacts and regulatory costs estimated to occur within 5
   21  years after implementation of such provision.
   22         Section 2. This act shall take effect July 1, 2016.