HOUSE AMENDMENT
Bill No. HB 387 CS
   
1 CHAMBER ACTION
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Senate House
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12          Representative Rivera offered the following:
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14          Amendment (with directory and title amendments)
15          Remove line 342, and insert:
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17          Section 7. Effective January 1, 2004, if HB 987 or similar
18    legislation is adopted in the same legislative session or an
19    extension thereof and becomes a law, section 627.9742, Florida
20    Statutes, is created to read:
21          627.9742 Public records exemption for the Office of
22    Insurance Regulation.--Credit scoring methodologies and related
23    data and information that are trade secrets as defined in s.
24    688.002 and that are filed with the Office of Insurance
25    Regulation pursuant to a rate filing or other filing required by
26    law are confidential and exempt from the provisions of s.
27    119.07(1) and s. 24(a), Art. I of the State Constitution.
28          Section 8. (1) Section 627.9742, Florida Statutes, is
29    subject to the Open Government Sunset Review Act of 1995 in
30    accordance with s. 119.15, Florida Statutes, and shall stand
31    repealed on October 2, 2008, unless reviewed and saved from
32    repeal through reenactment by the Legislature.
33          (2) This section shall take effect January 1, 2004, if HB
34    987 or similar legislation is adopted in the same legislative
35    session or an extension thereof and becomes a law.
36          Section 9. (1) The Legislature finds that it is a public
37    necessity that credit scoring methodologies and related data and
38    information that are trade secrets, filed with the Office of
39    Insurance Regulation pursuant to a rate filing or other filing
40    required by law, be made confidential and exempt from public
41    records requirements. Such information could harm the business
42    of an insurance company, as it contains proprietary confidential
43    business information that has economic value derived from not
44    being disclosed to competitors. The Legislature further finds
45    that it is a public necessity to make such information
46    confidential and exempt from public disclosure because release
47    of such information would likely result in an insurer's not
48    providing the Office of Insurance Regulation with adequate
49    information on which to base a determination as to whether a
50    filing meets the requirements of law, resulting in increased
51    administrative and legal disputes with regard to the filing.
52          (2) This section shall take effect January 1, 2004, if HB
53    987 or similar legislation is adopted in the same legislative
54    session or an extension thereof and becomes a law.
55          Section 10. Except as otherwise provided herein, this act
56    shall take effect upon becoming a law.
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58    ================= T I T L E A M E N D M E N T =================
59          Remove lines 39 and 40, and insert:
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61          providing a statement of public necessity; creating s. 627.9742,
62    F.S.; creating a public records exemption for credit scoring
63    methodologies and related data and information that are trade
64    secrets filed with the Office of Insurance Regulation; providing
65    for future review and repeal; providing a statement of public
66    necessity; providing effective dates.