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FL H1393
Bill
Status
7/1/2020
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Exempts certain information in Financial Technology Sandbox applications from public records requirements, including reasons why existing laws prevent offering innovative financial products, evaluation factors, and testing/monitoring plans
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Confidential information may still be released to state and federal agencies for investigation purposes, and the Office of Financial Regulation may disclose summaries of innovative financial products or services
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Exemptions are subject to the Open Government Sunset Review Act and will automatically repeal on October 2, 2025, unless reenacted by the Legislature
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Amends section 559.952, Florida Statutes, adding paragraph (h) to subsection (5)
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Effective date is contingent on CS/CS/CS/HB 1391 (Financial Technology Sandbox legislation) being adopted and becoming law in the same legislative session
Legislative Description
Pub. Rec./Financial Technology Sandbox
Last Action
Chapter No. 2020-162
7/1/2020