Florida Senate - 2021 SB 1004
By Senator Gainer
1 A bill to be entitled
2 An act relating to a review under the Open Government
3 Sunset Review Act; amending s. 339.55, F.S., which
4 provides an exemption from public records requirements
5 for financial information of a private entity
6 applicant which the Department of Transportation
7 requires as part of an application process for loans
8 or credit enhancements from the state-funded
9 infrastructure bank; removing the scheduled repeal of
10 the exemption; providing an effective date.
12 Be It Enacted by the Legislature of the State of Florida:
14 Section 1. Subsection (10) of section 339.55, Florida
15 Statutes, is amended to read:
16 339.55 State-funded infrastructure bank.—
(a) Financial information of a private entity applicant
18 which the department requires as part of the application process
19 for loans or credit enhancements from the state-funded
20 infrastructure bank is exempt from s. 119.07(1) and s. 24(a),
21 Art. I of the State Constitution. This exemption does not apply
22 to records of an applicant who is in default of a loan issued
23 under this section. As used in this subsection, the term
24 “financial information” means any business plan, pro forma
25 statement, account balance, operating income or revenue, asset
26 value, or debt of the applicant.
27 (b) This subsection is subject to the Open Government
28 Sunset Review Act in accordance with s. 119.15 and shall stand
29 repealed on October 2, 2021, unless reviewed and saved from
30 repeal through reenactment by the Legislature.
31 Section 2. This act shall take effect October 1, 2021.