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FL S0320
Bill
Status
Introduced
11/6/2023
Primary Sponsor
Transportation
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AI Summary
- Exempts from public records requirements any financial information submitted by prospective bidders to the Florida Department of Transportation for prequalification purposes, including revenue, profit, loss, expenses, gross receipts, taxes paid, and capital investment data
- Applies to contractors seeking certification to bid on FDOT construction contracts exceeding $250,000, who must submit audited financial statements and potentially additional financial documentation
- Subjects the new exemption to the Open Government Sunset Review Act, with automatic repeal on October 2, 2029, unless reenacted by the Legislature
- Justifies the exemption as a public necessity, citing concerns that potential disclosure of sensitive financial information could discourage contractors from seeking prequalification, reduce the pool of qualified bidders, and allow competitors to gain unfair advantages
- Effective date of July 1, 2024; sponsored by the Senate Committee on Transportation and Senator Wright
Legislative Description
Public Records/Prospective Bidders/Department of Transportation
Last Action
Laid on Table, refer to CS/HB 379
3/4/2024
Committee Referrals
Rules2/7/2024
Governmental Oversight and Accountability1/25/2024
Full Bill Text
No bill text available