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CS/CS/SB 196 — Public Records/State-Funded Infrastructure Bank
by Governmental Oversight and Accountability Committee; Transportation Committee; and Senator Hutson
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Transportation Committee (TR)
The bill (Chapter 2016-38, L.O.F.) creates a new exemption from the public records inspection and access requirements of Art. I, s. 24(a) of the State Constitution and s. 119.07(1), F.S., for financial information held by the Florida Department of Transportation (FDOT). Specifically, the bill exempts the financial information of a private entity submitted to FDOT as part of the application process for a loan or credit enhancement from the State-funded Infrastructure Bank (SIB). The exemption does not apply to records of a private applicant in default of a SIB loan.
The bill provides for repeal of the exemption on October 2, 2021, unless reviewed and reenacted by the Legislature. It also provides a statement of public necessity as required by the State Constitution.
These provisions were approved by the Governor and take effect July 1, 2016.
Vote: Senate 31-7; House 88-19