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 Workers’
Due to recent changes to the Workers’ Compensation law, electrical
contractors who hold an exemption from workers’ 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 Workers’
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 “RE-ISSUANCE OF NOTICE OF ELECTION TO BE EXEMPT”
form, available from the Department of Financial Services, Division of
Workers’ Compensation. Please refer to Chapter 440, Florida Statutes for
specific details of these requirements.
To change your electrical contractors’ 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 Contractors’
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 Workers’ Compensation Insurance
requirements, or need assistance obtaining an exemption, please contact
the Workers’ Compensation office nearest you. You may contact the Division
of Workers’ Compensation via phone at 850.413.1601, or via the Internet by
> Find an Agency > Insurance > www.fldfs.com
> Worker’s Comp.
Professions and Regulation
1940 North Monroe Street
This is going to cost me almost $1000.00 to comply.