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FL S1320

Bill

Status

Passed

6/13/2014

Primary Sponsor

Governmental Oversight and Accountability

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Creates section 662.148 of Florida Statutes establishing a public records exemption for personal identifying information held by the Office of Financial Regulation relating to family trust companies, licensed family trust companies, and foreign licensed family trust companies.

  • Exempts from public disclosure personal identifying information in registration, application, certification, and examination records; reports of examinations and operations; shareholder or member lists; and information received from other jurisdictions that is confidential under their laws.

  • Authorizes disclosure of exempted information to authorized company representatives, fidelity insurers, independent auditors, liquidators/receivers/conservators (with redactions of bondholder and customer identities), other regulatory agencies, and law enforcement.

  • Permits publication of federal law reports and the company name and registered agent information, while establishing a third-degree felony penalty for willful disclosure of confidential information.

  • Subjects the exemption to the Open Government Sunset Review Act and repeals it on October 2, 2019, unless reenacted by the Legislature.

Legislative Description

Public Records/Office of Financial Regulation

Last Action

Chapter No. 2014-102, companion bill(s) passed, see CS/SB 1238 (Ch. 2014-97)

6/13/2014

Committee Referrals

Rules4/15/2014
Governmental Oversight and Accountability3/31/2014
Banking and Insurance3/4/2014

Full Bill Text

No bill text available