Florida Senate - 2021                        COMMITTEE AMENDMENT
       Bill No. SB 968
       
       
       
       
       
       
                                Ì2546546Î254654                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/31/2021           .                                
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       The Committee on Governmental Oversight and Accountability
       (Rodrigues) recommended the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 23 - 58
    4  and insert:
    5         1. Tax returns.
    6         2. Credit history information, credit reports, and credit
    7  scores.
    8         (b) This subsection does not prohibit the disclosure of
    9  information held by an economic development agency pursuant to
   10  its administration of a small business loan program in an
   11  aggregated and anonymized format.
   12         (c) This subsection is subject to the Open Government
   13  Sunset Review Act in accordance with s. 119.15 and shall stand
   14  repealed on October 2, 2026, unless reviewed and saved from
   15  repeal through reenactment by the Legislature.
   16         Section 2. The Legislature finds that it is a public
   17  necessity that the tax returns and credit history information,
   18  credit reports, and credit scores held by an economic
   19  development agency pursuant to its administration of any state
   20  or federally funded small business loan program be made exempt
   21  from s. 119.07(1), Florida Statutes, and s. 24(a), Article I of
   22  the State Constitution. In order to assess the viability of
   23  loans, an economic development agency may obtain sensitive
   24  information of a borrower, including certain financial
   25  information. If released, the sensitive information could be
   26  used by fraudulent contractors, predatory lenders, thieves, or
   27  individuals seeking to impose on the borrower. Therefore, it is
   28  necessary that sensitive information held by an economic
   29  development agency pursuant to its administration of any state
   30  or federally funded small business loan program be protected to
   31  ensure that borrowers are not harassed, intimidated, or
   32  potentially defrauded. The Legislature finds the harm that may
   33  result from the release of such sensitive information outweighs
   34  the public benefit that may be derived from the disclosure of
   35  the information.