FL S1396

Defines "proprietary confidential business information" as trade secrets, financial statements, patent-pending designs, real property plans, or marketing studies that private entities designate as confidential when submitting proposals to state university boards.

Exempts unsolicited proposals from public records disclosure until the university board ranks proposals and announces its decision, but only for a maximum of 90 days after rejecting all proposals or deciding not to proceed.

Requires proprietary confidential business information within unsolicited proposals to remain permanently exempt from public records disclosure, even after the 90-day period expires.

Exempts portions of state university board meetings where confidential information is discussed from public meeting requirements, but mandates complete recording and transcription of all exempt sessions.

Sunsets the exemptions on October 2, 2019, unless the Legislature reenacts them through the Open Government Sunset Review Act.