| 1 | The Governmental Operations Committee recommends the following: | 
| 2 | 
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| 3 | Council/Committee Substitute | 
| 4 | Remove the entire bill and insert: | 
| 5 | A bill to be entitled | 
| 6 | An act relating to public records; creating s. 551.1078, | 
| 7 | F.S.; creating an exemption from public records | 
| 8 | requirements for trade secrets held by the Division of | 
| 9 | Slot Machines in the Department of Business and | 
| 10 | Professional Regulation; providing for future legislative | 
| 11 | review and repeal; providing a statement of public | 
| 12 | necessity; providing a contingent effective date. | 
| 13 | 
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| 14 | Be It Enacted by the Legislature of the State of Florida: | 
| 15 | 
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| 16 | Section 1.  Section 551.1078, Florida Statutes, is created | 
| 17 | to read: | 
| 18 | 551.1078  Public records exemption.-- | 
| 19 | (1)  A trade secret as defined in s. 688.002, held by the | 
| 20 | Division of Slot Machines in the Department of Business and | 
| 21 | Professional Regulation, is confidential and exempt from s. | 
| 22 | 119.07(1) and s. 24(a), Art. I of the State Constitution. | 
| 23 | (2)  This section is subject to the Open Government Sunset | 
| 24 | Review Act of 1995 in accordance with s. 119.15 and shall stand | 
| 25 | repealed on October 2, 2010, unless reviewed and saved from | 
| 26 | repeal through reenactment by the Legislature. | 
| 27 | Section 2.  The Legislature finds that it is a public | 
| 28 | necessity that a trade secret, as defined in s. 688.002, Florida | 
| 29 | Statues, held by the Division of Slot Machines in the Department | 
| 30 | of Business and Professional Regulation be made confidential and | 
| 31 | exempt from public records requirements. A trade secret derives | 
| 32 | independent economic value, actual or potential, from not being | 
| 33 | generally known to, and not being readily ascertainable by | 
| 34 | proper means by, other persons who can obtain economic value | 
| 35 | from its disclosure or use. The division, in performing its | 
| 36 | lawful duties and responsibilities, may need to obtain from an | 
| 37 | applicant for a slot machine license, or a licensee, a trade | 
| 38 | secret. Without an exemption from public records requirements | 
| 39 | for a trade secret held by the division, that trade secret | 
| 40 | becomes a public record when received and must be divulged upon | 
| 41 | request. Divulgence of any trade secret under public records | 
| 42 | laws would destroy the value of that property to the applicant | 
| 43 | or licensee causing a financial loss not only to the applicant | 
| 44 | or licensee but also to state or local governments due to loss | 
| 45 | of tax revenue and employment opportunities for residents. | 
| 46 | Release of that information would give business competitors an | 
| 47 | unfair advantage and weaken the position of the applicant or | 
| 48 | licensee supplying the trade secret in the marketplace. Thus, | 
| 49 | the Legislature finds that it is a public necessity that a trade | 
| 50 | secret held by the Division of Slot Machines in the Department | 
| 51 | of Business and Professional Regulation be made confidential and | 
| 52 | exempt from public records requirements. | 
| 53 | Section 3.  This act shall take effect on the same date | 
| 54 | that HB 1901 or similar legislation takes effect, if such | 
| 55 | legislation is adopted in the same legislative session or an | 
| 56 | extension thereof and becomes law. |