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FL S7020

Bill

Status

Passed

5/11/2022

Primary Sponsor

Banking and Insurance

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Origin

Senate

2022 Regular Session

AI Summary

  • Removes the scheduled October 2, 2022 sunset repeal date for the public records exemption protecting confidential information held by the Office of Financial Regulation relating to affiliated international trust entities, including customer identifying information, shareholder lists, and examination working papers (s. 663.416, F.S.)

  • Removes the scheduled October 2, 2022 sunset repeal date for the public records exemption protecting confidential information held by the office relating to qualified limited service affiliates, including customer data, shareholder/member lists, and information received from other states, countries, or the federal government (s. 663.540, F.S.)

  • Removes the scheduled October 2, 2022 sunset repeal date for exemptions in s. 655.057, F.S., covering active investigation records, examination reports, working papers, and confidential materials supplied by other state or federal agencies related to the regulation of financial institutions

  • Willful disclosure of information protected under these exemptions remains a third-degree felony under existing penalty provisions

  • The act takes effect October 1, 2022, preserving all three public records exemptions permanently by eliminating their Open Government Sunset Review Act repeal dates

Legislative Description

OGSR/Office of Financial Regulation

Last Action

Chapter No. 2022-102

5/11/2022

Committee Referrals

Banking and Insurance11/22/2021

Full Bill Text

No bill text available