288.9919 Audits and examinations; penalties. - Florida Statutes

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Statutes > Florida > TitleXIX > Chapter288 > PARTXIII > 288_9919

1

288.9919 Audits and examinations; penalties.

(1) AUDITS. A community development entity that issues an investment approved by the office as a qualified investment shall be deemed a recipient of state financial assistance under s. 215.97, the Florida Single Audit Act. However, an entity that makes a qualified investment or receives a qualified low-income community investment is not a subrecipient for the purposes of s. 215.97.

(2) EXAMINATIONS. The office may conduct examinations to verify compliance with the New Markets Development Program Act.

History. ss. 12, 15, ch. 2009-50.

1

Note. Expires December 31, 2022, pursuant to s. 15, ch. 2009-50.

State Codes and Statutes

Statutes > Florida > TitleXIX > Chapter288 > PARTXIII > 288_9919

1

288.9919 Audits and examinations; penalties.

(1) AUDITS. A community development entity that issues an investment approved by the office as a qualified investment shall be deemed a recipient of state financial assistance under s. 215.97, the Florida Single Audit Act. However, an entity that makes a qualified investment or receives a qualified low-income community investment is not a subrecipient for the purposes of s. 215.97.

(2) EXAMINATIONS. The office may conduct examinations to verify compliance with the New Markets Development Program Act.

History. ss. 12, 15, ch. 2009-50.

1

Note. Expires December 31, 2022, pursuant to s. 15, ch. 2009-50.

State Codes and Statutes

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State Codes and Statutes

Statutes > Florida > TitleXIX > Chapter288 > PARTXIII > 288_9919

1

288.9919 Audits and examinations; penalties.

(1) AUDITS. A community development entity that issues an investment approved by the office as a qualified investment shall be deemed a recipient of state financial assistance under s. 215.97, the Florida Single Audit Act. However, an entity that makes a qualified investment or receives a qualified low-income community investment is not a subrecipient for the purposes of s. 215.97.

(2) EXAMINATIONS. The office may conduct examinations to verify compliance with the New Markets Development Program Act.

History. ss. 12, 15, ch. 2009-50.

1

Note. Expires December 31, 2022, pursuant to s. 15, ch. 2009-50.