Senate Bill 1145 Summary

• Amends section 44-1823 to allow subpoena recipients to object, claim privilege, or move to quash subpoenas either with the commission or by initiating a superior court action before complying.

• Adds procedures for subpoena recipients to certify documents as trade secrets under oath, requiring specific identification of trade secret portions and allowing the commission 14 days' notice before public disclosure.

• Allows trade secret claimants to seek injunctive relief in superior court if disclosure would cause irreparable harm, with court authority to address bad faith certifications.

• Maintains commission authority to order financial institutions not to disclose subpoena existence or content to non-affiliated parties, except to the institution's legal counsel.

• Makes minor clarifying edits to section 44-2042 regarding confidentiality of complainant names and investigation documents.