Florida Update on Federal Loan Interest Assessments
Florida has issued a statement regarding the federal loan interest assessments that have been issued in January the last two years. The department indicates that legislation has been introduced which will allow excess funds in the Audit and Warrant Clearing Trust Fund to pay the federal loan interest due in September 2013, eliminating the need to assess employers. See the link below for the statement we received from the Florida Department of Revenue. We will follow the legislation and provide updates as they become available.
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