Florida Senate - 2021                        COMMITTEE AMENDMENT
       Bill No. SB 7004
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/31/2021           .                                
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       The Committee on Governmental Oversight and Accountability
       (Harrell) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Subsection (10) of section 339.55, Florida
    6  Statutes, is amended to read
    7         339.55 State-funded infrastructure bank.—
    8         (10)(a) Financial information of a private entity applicant
    9  which the department requires as part of the application process
   10  for loans or credit enhancements from the state-funded
   11  infrastructure bank is exempt from s. 119.07(1) and s. 24(a),
   12  Art. I of the State Constitution. This exemption does not apply
   13  to records of an applicant who is in default of a loan issued
   14  under this section. As used in this subsection, the term
   15  “financial information” means any business plan, pro forma
   16  statement, account balance, operating income or revenue, asset
   17  value, or debt of the applicant.
   18         (b) This subsection is subject to the Open Government
   19  Sunset Review Act in accordance with s. 119.15 and shall stand
   20  repealed on October 2, 2021, unless reviewed and saved from
   21  repeal through reenactment by the Legislature.
   22         Section 2. This act shall take effect October 1, 2021.
   23  
   24  ================= T I T L E  A M E N D M E N T ================
   25  And the title is amended as follows:
   26         Delete everything before the enacting clause
   27  and insert:
   28                        A bill to be entitled                      
   29         An act relating to a review under the Open Government
   30         Sunset Review Act; amending s. 339.55, F.S., relating
   31         to an exemption from public records requirements for
   32         financial information of a private entity applicant
   33         which the Department of Transportation requires as
   34         part of a certain application process; removing the
   35         scheduled repeal of the exemption; providing an
   36         effective date.