HB 1289 2023 CODING: Words stricken are deletions; words underlined are additions. hb1289-00 Page 1 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to public records and meetings; 2 creating s. 288.9984, F.S.; providing an exemption 3 from public records requirements for information in 4 universal regulatory sandbox applications determined 5 by the Office of Regulatory Relief to be economically 6 harmful to the applicant if released; providing an 7 exemption from public meetings requirements for all or 8 portions of meetings of the General Regulatory Sandbo x 9 Program Advisory Committee; providing an exemption 10 from public records requirements for recordings, 11 minutes, and records generated during the closed 12 portions of such meetings; providing for future 13 legislative review and repeal of the exemptions; 14 providing a statement of public necessity; providing a 15 contingent effective date. 16 17 Be It Enacted by the Legislature of the State of Florida: 18 19 Section 1. Section 288.9984, Florida Statutes, is created 20 to read: 21 288.9984 Public records and public meetings e xemptions.— 22 (1) Chapter 119 and s. 286.011 apply to all records and 23 meetings created or conducted under this part unless otherwise 24 provided in this section. 25 HB 1289 2023 CODING: Words stricken are deletions; words underlined are additions. hb1289-00 Page 2 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S (2) Information in a regulatory sandbox application under 26 this part that the office reasonably believes could result in 27 economic harm to the applicant is confidential and exempt from 28 s. 119.07(1) and s. 24(a), Art. I of the State Constitution. 29 Such information includes, but is not limited to: 30 (a) The statements in s. 288.9975(4)(e). 31 (b) The information necessary to comply with the reporting 32 requirements of s. 288.9975(8). 33 (c) The information necessary to comply with the reporting 34 requirements of s. 288.9982(6). 35 36 However, the confidential and exempt information may be released 37 to appropriate state and federal agencies for the purpose of 38 investigation. This subsection does not prevent the office from 39 disclosing a summary of the offering. 40 (3)(a) A meeting or a portion of a meeting of the General 41 Regulatory Sandbox Program Advisory Committee at wh ich 42 information made confidential and exempt under subsection (2) is 43 discussed is exempt from s. 286.011 and s. 24(b), Art. I of the 44 State Constitution. 45 (b) Recordings, minutes, and records generated during an 46 exempt meeting or portion of such a meeting are exempt from s. 47 119.07(1) and s. 24(a), Art. I of the State Constitution. 48 (4) This section is subject to the Open Government Sunset 49 Review Act in accordance with s. 119.15 and shall stand repealed 50 HB 1289 2023 CODING: Words stricken are deletions; words underlined are additions. hb1289-00 Page 3 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S on October 2, 2028, unless reviewed and saved from rep eal 51 through reenactment by the Legislature. 52 Section 2. (1) The Legislature finds that it is a public 53 necessity that certain information provided to and held by the 54 Office of Regulatory Relief to evaluate a universal regulatory 55 sandbox application be m ade confidential and exempt from s. 56 119.07(1), Florida Statutes, and s. 24(a), Article I of the 57 State Constitution. The disclosure of such information could 58 adversely affect the business interests of the universal 59 regulatory sandbox applicant and could inj ure the applicant in 60 the marketplace if the information is made available to 61 competitors. Divulgence of this information would destroy its 62 value to the business entity, potentially causing a financial 63 loss. Without this protection, innovators might elect t o 64 establish their business in another state with a more secure 65 business environment. Therefore, it is necessary that sensitive 66 business information provided to and held by the Office of 67 Regulatory Relief to evaluate a universal regulatory sandbox 68 application be made confidential and exempt from public records 69 requirements. 70 (2) The Legislature also finds that it is a public 71 necessity that the recordings, minutes, and records generated 72 during a meeting or portion of a meeting that is exempt pursuant 73 to s. 288.9984(3)(b), Florida Statutes, be made exempt from s. 74 119.07(1), Florida Statutes, and s. 24(a), Article I of the 75 HB 1289 2023 CODING: Words stricken are deletions; words underlined are additions. hb1289-00 Page 4 of 4 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S State Constitution. The disclosure of such information could 76 adversely affect the business interests of the universal 77 regulatory sandbox ap plicant and could injure the applicant in 78 the marketplace if the information is made available to 79 competitors. Divulgence of this information would destroy its 80 value to the business entity, potentially causing a financial 81 loss. Without this protection of a pplication information, 82 innovators might elect to establish their business in another 83 state with a more secure business environment. Therefore, it is 84 necessary that sensitive business information provided to and 85 held by the Office of Regulatory Relief to e valuate a universal 86 regulatory sandbox application be made confidential and exempt 87 from public records requirements. 88 Section 3. This act shall take effect on the same date 89 that HB 1287 or similar legislation takes effect , if such 90 legislation is adopt ed in the same legislative session or an 91 extension thereof and becomes a law. 92