Look what the Board of Professional Regulation and the State Legislature has done to the small Electrical Contractor.
STATE OF FLORIDA
DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Changes in Workersâ€™
Due to recent changes to the Workersâ€™ Compensation law, electrical
contractors who hold an exemption from workersâ€™ compensation coverage
as a sole proprietor, or a partner of a partnership engaged in electrical
contracting, your exemption will no longer be valid as of January 1, 2004.
If you are a sole proprietor, or a partner of a partnership engaged in
electrical contracting and wish to maintain your exemption from Workersâ€™
Compensation coverage, you must reorganize your business as a
corporation, registered with the Department of State, Division of
Corporations and you must be listed as an officer of such corporation, of
which you hold at least 10% of the stock in the corporation. Also, you must
submit a â€śRE-ISSUANCE OF NOTICE OF ELECTION TO BE EXEMPTâ€ť
form, available from the Department of Financial Services, Division of
Workersâ€™ Compensation. Please refer to Chapter 440, Florida Statutes for
specific details of these requirements.
To change your electrical contractorsâ€™ license status from a sole
proprietorship, or partnership to a corporation, you must submit an
application to transfer a license to a new business entity - certified or
registered as applicable. You may obtain an application via the Internet by
> Find an Agency > Business and Professional
Regulation > Professions and Professional Boards > Electrical Contractorsâ€™
Licensing Board > Application Packages and Individual Forms. For
assistance concerning transfer applications, please contact the Department
of Business and Professional Regulation, Customer Contact Center at
If you have questions concerning Workersâ€™ Compensation Insurance
requirements, or need assistance obtaining an exemption, please contact
the Workersâ€™ Compensation office nearest you. You may contact the Division
of Workersâ€™ Compensation via phone at 850.413.1601, or via the Internet by
> Find an Agency > Insurance > www.fldfs.com
> Workerâ€™s Comp.
Professions and Regulation
1940 North Monroe Street
This is going to cost me almost $1000.00 to comply.