Bill Text: FL S1658 | 2010 | Regular Session | Comm Sub
Bill Title: OGSR/Hurricane Loss Model [CPSC]
Spectrum: Unknown
Status: (N/A - Dead) 2010-04-21 - Placed on Special Order Calendar; Read 2nd time -SJ 00669; Substituted HB 7119 -SJ 00669; Laid on Table, companion bill(s) passed, see HB 7119 (Ch. 2010-89) -SJ 00669 [S1658 Detail]
Download: Florida-2010-S1658-Comm_Sub.html
Florida Senate - 2010 CS for SB 1658 By the Committees on Governmental Oversight and Accountability; and Banking and Insurance 585-04920-10 20101658c1 1 A bill to be entitled 2 An act relating to a review under the Open Government 3 Sunset Review Act; amending s. 627.0628, F.S.; 4 clarifying the public-records exemption for a trade 5 secret used in designing and constructing a hurricane 6 loss model and provided by a private company to the 7 Florida Commission on Hurricane Loss Projection 8 Methodology, the Office of Insurance Regulation, or an 9 appointed consumer advocate to specify that the 10 exemption applies to trade secrets as defined in the 11 Uniform Trade Secrets Act; requiring a recording of a 12 closed meeting of the commission or of a rate 13 proceeding on an insurer’s rate filing at which 14 confidential and exempt trade secrets are discussed; 15 creating a public-records exemption for the recording 16 of the closed meeting; providing for future 17 legislative review and repeal of the exemption; 18 providing a statement of public necessity; providing 19 an effective date. 20 21 Be It Enacted by the Legislature of the State of Florida: 22 23 Section 1. Paragraph (f) of subsection (3) of section 24 627.0628, Florida Statutes, is amended to read: 25 627.0628 Florida Commission on Hurricane Loss Projection 26 Methodology; public records exemption; public meetings 27 exemption.— 28 (3) ADOPTION AND EFFECT OF STANDARDS AND GUIDELINES.— 29 (f)1. A trade secret, as defined in s. 688.002812.081, 30 that is used in designing and constructing a hurricane loss 31 model and that is provided pursuant to this section,by a 32 private company,to the commission, office, or consumer advocate 33 appointed pursuant to s. 627.0613, is confidential and exempt 34 from s. 119.07(1) and s. 24(a), Art. I of the State 35 Constitution. 36 2.a. That portion of a meeting of the commission or of a 37 rate proceeding on an insurer’s rate filing at which a trade 38 secret made confidential and exempt by this paragraph is 39 discussed is exempt from s. 286.011 and s. 24(b), Art. I of the 40 State Constitution. The closed meeting must be recorded and no 41 portion of the closed meeting may be off the record. 42 b. The recording of a closed portion of a meeting is exempt 43 from s. 119.07(1) and s. 24(a), Art. I of the State 44 Constitution. 45 c.3.This subparagraphparagraphis subject to the Open 46 Government Sunset Review Act in accordance with s. 119.15,and 47 shall stand repealed on October 2, 20152010, unless reviewed 48 and saved from repeal through reenactment by the Legislature. 49 Section 2. The Legislature finds that it is a public 50 necessity to make exempt from public-records requirements the 51 recording generated during those portions of a meeting of the 52 Florida Commission on Hurricane Loss Projection Methodology or 53 of a rate proceeding on an insurer’s rate filing at which 54 confidential and exempt trade secrets are discussed. Release of 55 such recordings would compromise the discussions that took place 56 during the closed meeting and would negate the public-meetings 57 exemption. Further, current law already provides a public 58 records exemption for trade secrets. As such, release of the 59 recording generated during those closed portions of meetings 60 would compromise the current protections already afforded trade 61 secrets. 62 Section 3. This act shall take effect October 1, 2010.