Florida Senate - 2019                   (PROPOSED BILL) SPB 7052
       
       
        
       FOR CONSIDERATION By the Committee on Banking and Insurance
       
       
       
       
       
       597-00868-19                                          20197052pb
    1                        A bill to be entitled                      
    2         An act relating to a review under the Open Government
    3         Sunset Review Act; amending s. 655.057, F.S., relating
    4         to exemptions from public records requirements for
    5         informal enforcement actions by the Office of
    6         Financial Regulation and certain trade secrets held by
    7         the office under the financial institutions codes;
    8         removing the scheduled repeal of the exemptions;
    9         providing an effective date.
   10          
   11  Be It Enacted by the Legislature of the State of Florida:
   12  
   13         Section 1. Subsection (14) of section 655.057, Florida
   14  Statutes, is amended, and subsections (3) and (4) of that
   15  section are republished, to read:
   16         655.057 Records; limited restrictions upon public access.—
   17         (3) Except as otherwise provided in this section and except
   18  for those portions that are otherwise public record, after an
   19  investigation relating to an informal enforcement action is
   20  completed or ceases to be active, informal enforcement actions
   21  are confidential and exempt from s. 119.07(1) and s. 24(a), Art.
   22  I of the State Constitution to the extent that disclosure would:
   23         (a) Jeopardize the integrity of another active
   24  investigation.
   25         (b) Impair the safety and soundness of the financial
   26  institution.
   27         (c) Reveal personal financial information.
   28         (d) Reveal the identity of a confidential source.
   29         (e) Defame or cause unwarranted damage to the good name or
   30  reputation of an individual or jeopardize the safety of an
   31  individual.
   32         (f) Reveal investigative techniques or procedures.
   33         (4) Except as otherwise provided in this section and except
   34  for those portions that are otherwise public record, trade
   35  secrets as defined in s. 688.002 which comply with s. 655.0591
   36  and which are held by the office in accordance with its
   37  statutory duties with respect to the financial institutions
   38  codes are confidential and exempt from s. 119.07(1) and s.
   39  24(a), Art. I of the State Constitution.
   40         (14) Subsections (3) and (4) are subject to the Open
   41  Government Sunset Review Act in accordance with s. 119.15 and
   42  are repealed on October 2, 2019, unless reviewed and saved from
   43  repeal through reenactment by the Legislature.
   44         Section 2. This act shall take effect October 1, 2019.