Senate Bill sb0698

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    Florida Senate - 2005                                   SB 698

    By Senator Sebesta





    16-263A-05

  1                      A bill to be entitled

  2         An act relating to public records; creating s.

  3         516.115, F.S.; creating an exemption from

  4         public records requirements for information

  5         obtained by the Office of Financial Regulation

  6         of the Financial Services Commission in

  7         connection with active investigations and

  8         examinations under the Florida Consumer Finance

  9         Act; providing for future legislative review

10         and repeal; providing a statement of public

11         necessity; providing an effective date.

12  

13  Be It Enacted by the Legislature of the State of Florida:

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15         Section 1.  Section 516.115, Florida Statutes, is

16  created to read:

17         516.115  Public records exemption for investigation and

18  examination information.--

19         (1)  Except as otherwise provided by this section,

20  information received or created during an investigation or

21  examination by the Office of Financial Regulation of the

22  Financial Services Commission under this chapter, including

23  any consumer complaint, is exempt and confidential from s.

24  119.07(1) and s. 24(a), Art. I of the State Constitution until

25  the investigation or examination is completed or ceases to be

26  active.

27         (2)  The office may provide such exempt and

28  confidential information to a law enforcement agency,

29  administrative agency, or regulatory organization in the

30  furtherance of its duties and responsibilities. The law

31  enforcement agency, administrative agency, or regulatory

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    Florida Senate - 2005                                   SB 698
    16-263A-05




 1  organization must maintain the exempt and confidential status

 2  of the information so long as it would otherwise be

 3  confidential and exempt from public disclosure.

 4         (3)  Such information shall remain exempt and

 5  confidential from s. 119.07(1) and s. 24(a), Art. I of the

 6  State Constitution until after the office completes its

 7  investigation or examination or the investigation or

 8  examination ceases to be active to the extent disclosure

 9  would:

10         (a)  Jeopardize the integrity of another active

11  investigation.

12         (b)  Reveal the name, address, telephone number, social

13  security number, or any other identifying information of a

14  complainant, customer, or account holder.

15         (c)  Reveal the identity of a confidential source.

16         (d)  Reveal investigative techniques or procedures.

17         (e)  Reveal a trade secret as defined in s. 688.002.

18  

19  For purposes of this section, an investigation or examination

20  is active so long as the office or any law enforcement or

21  administrative agency or regulatory organization is proceeding

22  with reasonable dispatch and has a reasonable good faith

23  belief that the investigation or examination may lead to the

24  filing of an administrative, civil, or criminal proceeding or

25  to the denial or conditional grant of a license, registration,

26  or permit.

27         (4)  If the office receives a request for information

28  that is exempt and confidential under subsection (3), the

29  office shall communicate to the person or entity requesting

30  the information the reason disclosure is prohibited under

31  subsection (3).

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    Florida Senate - 2005                                   SB 698
    16-263A-05




 1         (5)  This section is subject to the Open Government

 2  Sunset Review Act of 1995 in accordance with s. 119.15, and

 3  shall stand repealed on October 2, 2010, unless reviewed and

 4  saved from repeal through reenactment by the Legislature.

 5         Section 2.  (1)  The Legislature finds that it is a

 6  public necessity that information received or created during

 7  an investigation or examination conducted by the Office of

 8  Financial Regulation of the Financial Services Commission

 9  pursuant to chapter 516, Florida Statutes, including any

10  consumer complaint, be confidential and exempt from section

11  119.07(1), Florida Statutes, and Section 24(a) of Article I of

12  the State Constitution until the investigation or examination

13  is completed or ceases to be active or, if the office submits

14  the information to any law enforcement or administrative

15  agency or regulatory organization for further investigation,

16  that agency's or organization's investigation is completed or

17  ceases to be active, in order to protect the integrity of such

18  investigations or examinations. An investigation or

19  examination may lead to filing an administrative, civil, or

20  criminal proceeding or to denying or conditionally granting a

21  license, registration, or permit. The public necessity exists

22  to the extent that disclosure might jeopardize the integrity

23  of another active investigation or examination; reveal the

24  name, address, telephone number, social security number, or

25  any other identifying information of any complainant,

26  customer, or account holder; disclose the identity of a

27  confidential source; disclose investigative techniques or

28  procedures; reveal a trade secret as defined in section

29  688.002, Florida Statutes; or reveal proprietary business

30  information.

31  

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    Florida Senate - 2005                                   SB 698
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 1         (2)  Examinations and investigations by the office

 2  frequently involve the gathering of personal, sensitive

 3  information concerning individuals, such as complainants,

 4  customers, account holders, or other confidential sources. The

 5  office may not otherwise have this information in its

 6  possession but for the examination or investigation. Because

 7  of the sensitive nature of the information gathered, the

 8  information should not be made available to the public. If

 9  disclosed, this information may cause unwarranted damage to

10  such persons by facilitating identity theft or jeopardizing

11  the safety of such individuals.

12         (3)  Revealing investigative techniques or procedures

13  may inhibit the effective and efficient administration of the

14  office in conducting investigations. Revelation of such

15  techniques or procedures could allow a person to hide or

16  conceal violations of law that would have otherwise been

17  discovered during an examination or investigation. As such,

18  the office's ability to perform an effective investigation or

19  examination may be hindered.

20         (4)  Proprietary information or trade secrets are on

21  occasion necessary for the office to review as part of an

22  ongoing examination or investigation. Disclosure of such

23  information to the public may cause injury to the affected

24  entity in the marketplace if revealed. Providing

25  confidentiality will provide the office with the necessary

26  tools to perform its function while maintaining adequate

27  protection for the affected business.

28         Section 3.  This act shall take effect July 1, 2005.

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    Florida Senate - 2005                                   SB 698
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 1            *****************************************

 2                          SENATE SUMMARY

 3    Creates an exemption from public records requirements for
      information obtained by the Office of Financial
 4    Regulation of the Financial Services Commission in
      connection with active investigations and examinations
 5    under the Florida Consumer Finance Act. Provides for
      future legislative review and repeal of the exemption.
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