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Florida Gov. Signs Streamline Process Of Exemption Applications
07 Jun, 2012 WorkersCompensation.com
Tampa, FL (WorkersCompensation.com) - The Florida Legislature passed and the Governor signed into law CS/HB 941, which amends sections 440.02(9) and 440.05, Florida Statutes. These amendments will streamline the filing and processing of exemption applications. Highlights of CS/HB 941 include:
• Provides applicants the ability to electronically file their applications via a web-based system.
• Eliminates the requirement for the application to be notarized; and
• Eliminates the need to submit a copy of the stock certificate or documentation of ownership evidencing 10% ownership in a company.
Additionally, the legislative changes provide that all Certificates of Elections to be Exempt issued on or after January 1, 2013, are valid for 2 years after the effective date and, beginning July 1, 2013, non-construction limited liability members will be treated as corporate officers, and will be eligible to apply for an exemption.
On July 1, 2012, a new DWC Notice of Election to be Exempt web-based system will be available for applicants to electronically apply for or renew their Certificate of Election to be Exempt. This system will be convenient, easy to use, and will help reduce the number of errors that are filed with exemption applications.
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