Raoul Cantero

New rules approved by the Supreme Court on June 18 will have a dramatic effect on how The Florida Bar Foundation administers the IOTA program.

The court, effective July 1, made changes to Bar Rule 5-1.1(g), which governs the IOTA program, based on recommendations from the court’s Task Force on the Distribution of IOTA Funds. The court appointed the task force in October 2019 to review the IOTA program and its recommendations were submitted last September. The court had oral arguments in May on the proposals.