Florida Senate - 2016 COMMITTEE AMENDMENT Bill No. CS for SB 578 Ì707920ÊÎ707920 LEGISLATIVE ACTION Senate . House Comm: RCS . 01/19/2016 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Governmental Oversight and Accountability (Latvala) recommended the following: 1 Senate Amendment 2 3 Delete lines 30 - 39 4 and insert: 5 necessity that proprietary confidential business information 6 provided by a promoter to the Florida State Boxing Commission be 7 made confidential and exempt from s. 119.07(1), Florida 8 Statutes, and s. 24(a), Article I of the State Constitution. The 9 disclosure of proprietary confidential business information 10 could injure a promoter in the marketplace by giving the 11 promoter’s competitors insights into the promoter’s financial 12 status and business plan, thereby putting the promoter at a 13 competitive disadvantage. The Legislature also finds that the 14 harm to a promoter in disclosing proprietary confidential 15 business information significantly outweighs any public benefit 16 derived from the disclosure of such information. Therefore, 17 extending the public records exemption to proprietary 18 confidential business information provided by a promoter to the 19 commission, no matter if the information is provided in a report 20 or otherwise, ensures that the public records exemption is 21 maintained and not undermined. For these reasons, the 22 Legislature declares that