SENATE AMENDMENT
Bill No. CS for CS for SB 1770
Amendment No. ___ Barcode 364126
CHAMBER ACTION
Senate House
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05/02/2003 11:55 AM .
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11 Senator Miller moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 5, lines 7-9, delete section 3
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17 Section 3. Section 627.9742, Florida Statutes, is
18 created to read:
19 627.9742 Public records exemption for the Office of
20 Insurance Regulation.--Credit scoring methodologies and
21 related data and information that are trade secrets as defined
22 in s. 688.002 and that are filed with the Office of Insurance
23 Regulation pursuant to a rate filing or other filing required
24 by law are confidential and exempt from the provisions of s.
25 119.07(1) and s. 24(a), Art. I of the State Constitution.
26 Section 4. Section 627.9742, Florida Statutes, is
27 subject to the Open Government Sunset Review Act of 1995 in
28 accordance with s. 119.15, Florida Statutes, and shall stand
29 repealed on October 2, 2008, unless reviewed and saved from
30 repeal through reenactment by the Legislature.
31 Section 5. The Legislature finds that it is a public
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12:26 PM 05/01/03 s1770.go18.aa
SENATE AMENDMENT
Bill No. CS for CS for SB 1770
Amendment No. ___ Barcode 364126
1 necessity that credit scoring methodologies and related data
2 and information that are trade secrets, filed with the Office
3 of Insurance Regulation pursuant to a rate filing or other
4 filing required by law, be made confidential and exempt from
5 public records requirements. Such information could harm the
6 business of an insurance company, as it contains proprietary
7 confidential business information that has economic value
8 derived from not being disclosed to competitors. The
9 Legislature further finds that it is a public necessity to
10 make such information confidential and exempt from public
11 disclosure because release of such information would likely
12 result in an insurer's not providing the Office of Insurance
13 Regulation with adequate information on which to base a
14 determination as to whether a filing meets the requirements of
15 law, resulting in increased administrative and legal disputes
16 with regard to the filing.
17 Section 6. Sections 1 and 2 of this act shall take
18 effect July 1, 2003, if SB 1414 or similar legislation is
19 adopted in the same legislative session or an extension
20 thereof and becomes law. Sections 3, 4, and 5 of this act
21 shall take effect January 1, 2004 if SB 204 or similar
22 legislation adopted in the same legislative session or an
23 extension thereof and becomes a law.
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27 And the title is amended as follows:
28 On page 1, lines 2-18, delete those lines
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30 and insert:
31 An act relating to public records exemptions;
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12:26 PM 05/01/03 s1770.go18.aa
SENATE AMENDMENT
Bill No. CS for CS for SB 1770
Amendment No. ___ Barcode 364126
1 creating exemptions for trade secret
2 information; creating an exemption from public
3 records and public meetings requirements for
4 certain information held by the Florida
5 Institute of Human and Machine Cognition;
6 creating an exemption from public records
7 requirements for specified materials, actual
8 and potential trade secrets, information
9 identifying donors to the institute; providing
10 for specified access to certain information by
11 governmental entities; creating an exemption
12 from public meetings requirements for meetings
13 of the governing board of the not-for-profit
14 corporation at which exempt records are
15 discussed; providing for future review and
16 repeal; providing a statement of public
17 necessity; creating s. 627.9742, F.S.; creating
18 a public records exemption for credit scoring
19 methodologies and related data and information
20 that are trade secrets filed with the Office of
21 Insurance Regulation; providing for future
22 review and repeal; providing a statement of
23 public necessity; providing a contingent
24 effective date.
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