Florida Senate - 2020 SB 7014 By the Committee on Banking and Insurance 597-02044-20 20207014__ 1 A bill to be entitled 2 An act relating to a review under the Open Government 3 Sunset Review Act; amending s. 560.312, F.S., relating 4 to an exemption from public records requirements for 5 certain payment instrument transaction information 6 held by the Office of Financial Regulation; removing 7 the scheduled repeal of the exemption; providing an 8 effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 560.312, Florida Statutes, is amended to 13 read: 14 560.312 Database of payment instrument transactions; 15 confidentiality.— 16 (1) Payment instrument transaction information held by the 17 office pursuant to s. 560.310 which identifies a licensee, 18 payor, payee, or conductor is confidential and exempt from s. 19 119.07(1) and s. 24(a), Art. I of the State Constitution. 20 (2)(a) A licensee may access information that it submits to 21 the office for inclusion in the database. 22 (b) The office, to the extent permitted by state and 23 federal law, may enter into information-sharing agreements with 24 the department, law enforcement agencies, and other governmental 25 agencies and, in accordance with such agreements, may provide 26 the department, law enforcement agencies, and other governmental 27 agencies with access to information contained in the database 28 for use in detecting and deterring financial crimes and workers’ 29 compensation violations, pursuant to chapter 440. Any department 30 or agency that receives confidential information from the office 31 under this paragraph must maintain the confidentiality of the 32 information, unless, and only to the extent that, a court order 33 compels production of the information to a specific party or 34 parties. 35 (3) The office may release payment instrument transaction 36 information in the aggregate, so long as the information 37 released does not reveal information that identifies a licensee, 38 payor, payee, or conductor. 39(4) This section is subject to the Open Government Sunset40Review Act in accordance with s. 119.15 and shall stand repealed41on October 2, 2020, unless reviewed and saved from repeal42through reenactment by the Legislature.43 Section 2. This act shall take effect October 1, 2020.