Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. SB 7024
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/12/2017           .                                
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       The Committee on Rules (Flores) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 626.84195, Florida Statutes, is amended
    6  to read:
    7         626.84195 Confidentiality of information supplied by title
    8  insurance agencies and insurers.—
    9         (1) As used in this section, the term “proprietary business
   10  information” means information that:
   11         (a) Is owned or controlled by a title insurance agency or
   12  insurer requesting confidentiality under this section;
   13         (b) Is intended to be and is treated by the title insurance
   14  agency or insurer as private in that the disclosure of the
   15  information would cause harm to the business operations of the
   16  title insurance agency or insurer;
   17         (c) Has not been publicly disclosed unless disclosed
   18  pursuant to a statutory provision, an order of a court or
   19  administrative body, or a private agreement, providing that the
   20  information may be released to the public; and
   21         (d) Concerns:
   22         1. Business plans;
   23         2. Internal auditing controls and reports of internal
   24  auditors;
   25         3. Reports of external auditors for privately held
   26  companies;
   27         4. Trade secrets, as defined in s. 688.002; or
   28         5. Financial information, including, but not limited to,
   29  revenue data, loss expense data, gross receipts, taxes paid,
   30  capital investment, customer identification, and employee wages.
   31         (2) Proprietary business information provided to the office
   32  by a title insurance agency or insurer is confidential and
   33  exempt from s. 119.07(1) and s. 24(a), Art. I of the State
   34  Constitution until such information is otherwise publicly
   35  available or is no longer treated by the title insurance agency
   36  or insurer as proprietary business information. However,
   37  information provided by multiple title insurance agencies and
   38  insurers may be aggregated on an industrywide basis and
   39  disclosed to the public as long as the specific identities of
   40  the agencies or insurers are not revealed.
   41         (3) This section is subject to the Open Government Sunset
   42  Review Act in accordance with s. 119.15 and shall stand repealed
   43  on October 2, 2017, unless reviewed and saved from repeal
   44  through reenactment by the Legislature.
   45         Section 2. This act shall take effect October 1, 2017.
   46  
   47  ================= T I T L E  A M E N D M E N T ================
   48  And the title is amended as follows:
   49         Delete everything before the enacting clause
   50  and insert:
   51                        A bill to be entitled                      
   52         An act relating to a review under the Open Government
   53         Sunset Review Act; amending s. 626.84195, F.S.;
   54         revising the definition of the term “proprietary
   55         business information” as used in an exemption from
   56         public record requirements relating to information
   57         provided by title insurance agencies and insurers to
   58         the Office of Insurance Regulation; removing the
   59         scheduled repeal of an exemption; providing an
   60         effective date.