fl-31428114: 61B-76.005 — The proposed rulemaking amends Rule 61B-76.005, Florida Administration Code. The purpose of the amendment to 61B-76.005, Florida...

31428114, 61B-76.005 - Florida Administrative Rules, Law, Code, Register - FAC, FAR, eRulemaking Home About Us Contact Us Help Florida Department of State and Division of Library and Information Services Home Advanced Search MyFLRules Rules Open for Comments Notice: 31428114 Notice of Rule Development Department: DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION Division: Division of Florida Condominiums, Timeshares and Mobile Homes Chapter: ACCOUNTING AND FINANCIAL REPORTING REQUIREMENTS; BUDGETS, GUARANTEES, AND RESERVES; FINANCIAL STATEMENTS AND REPORTS Overview RULE: 61B-76.005   Reserves PURPOSE: The proposed rulemaking amends Rule 61B-76.005, Florida Administration Code. The purpose of the amendment to 61B-76.005, Florida Administrative Code, is to implement statutory changes based on the passage of Section 719.106(1)(j), Florida Statutes. These amendments specifically address the requirement for a Structural Integrity Reserve Study (“SIRS”), which is intended to evaluate and ensure adequate reserve funding for future major repairs and replacement of the cooperative property components, as required under Section 719.106(1)(k), F.S. SUBJECT: Rule 61B-76.005, F.A.C., addresses reserves requirements for cooperatives. RULEMAKING AUTHORITY: 719.501(1)(f), (j) FS LAW: 719.106(1)(j), 719.501(1)(j), 719.618(1) FS. PRINT PUBLISH DATE: 9/30/2026   Vol. 52/190 RELATED STATUTES AND LAWS: 719.501(1)(f), (j) FS, 719.106(1)(j), 719.501(1)(j), 719.618(1) 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://flrules.org/gateway/ruleno.asp?id=61B-76.005&PDate=9/30/2026&Section=1 REFERENCE MATERIALS: No reference(s). Home Advanced Search MyFLRules Rules Open for Comments About Us Contact Us Help  Privacy Policies Accessibility Statement Copyright @ 2010 State of Florida Department of State Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.