SENATE AMENDMENT
Bill No. CS for CS for SB 1770, 1st Eng.
Amendment No. ___ Barcode 035592
CHAMBER ACTION
Senate House
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11 Senator Clary moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 2, line 1, through
15 page 6, line 24,delete those lines
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17 and insert:
18 Section 1. Section 627.9742, Florida Statutes, is
19 created to read:
20 627.9742 Public records exemption for the Office of
21 Insurance Regulation.--Credit scoring methodologies and
22 related data and information that are trade secrets as defined
23 in s. 688.002 and that are filed with the Office of Insurance
24 Regulation pursuant to a rate filing or other filing required
25 by law are confidential and exempt from the provisions of s.
26 119.07(1) and s. 24(a), Art. I of the State Constitution.
27 Section 2. Section 627.9742, Florida Statutes, is
28 subject to the Open Government Sunset Review Act of 1995 in
29 accordance with section 119.15, Florida Statutes, and shall
30 stand repealed on October 2, 2008, unless reviewed and saved
31 from repeal through reenactment by the Legislature.
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5:53 PM 05/02/03 s1770c2c-0410a
SENATE AMENDMENT
Bill No. CS for CS for SB 1770, 1st Eng.
Amendment No. ___ Barcode 035592
1 Section 3. The Legislature finds that it is a public
2 necessity that credit scoring methodologies and related data
3 and information that are trade secrets, filed with the Office
4 of Insurance Regulation pursuant to a rate filing or other
5 filing required by law, be made confidential and exempt from
6 public records requirements. Such information could harm the
7 business of an insurance company, as it contains proprietary
8 confidential business information that has economic value
9 derived from not being disclosed to competitors. The
10 Legislature further finds that it is a public necessity to
11 make such information confidential and exempt from public
12 disclosure because release of such information would likely
13 result in an insurer's not providing the Office of Insurance
14 Regulation with adequate information on which to base a
15 determination as to whether a filing meets the requirements of
16 law, resulting in increased administrative and legal disputes
17 with regard to the filing.
18 Section 4. Sections 1, 2, and 3 of this act shall take
19 effect January 1, 2004 if SB 204 or similar legislation
20 adopted in the same legislative session or an extension
21 thereof and becomes a law.
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25 And the title is amended as follows:
26 On page 1, lines 3-19, delete those lines
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28 and insert:
29 creating s. 627.9742, F.S.; creating
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