Bill Text: FL S7014 | 2020 | Regular Session | Introduced

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Bill Title: OGSR/Payment Instrument Transaction Information/Office of Financial Regulation

Spectrum: Committee Bill

Status: (Introduced - Dead) 2020-03-04 - Laid on Table, refer to HB 7003 [S7014 Detail]

Download: Florida-2020-S7014-Introduced.html

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       Florida Senate - 2020                                    SB 7014
       
       
        
       By the Committee on Banking and Insurance
       
       
       
       
       
       597-02044-20                                          20207014__
    1                        A bill to be entitled                      
    2         An act relating to a review under the Open Government
    3         Sunset Review Act; amending s. 560.312, F.S., relating
    4         to an exemption from public records requirements for
    5         certain payment instrument transaction information
    6         held by the Office of Financial Regulation; removing
    7         the scheduled repeal of the exemption; providing an
    8         effective date.
    9          
   10  Be It Enacted by the Legislature of the State of Florida:
   11  
   12         Section 1. Section 560.312, Florida Statutes, is amended to
   13  read:
   14         560.312 Database of payment instrument transactions;
   15  confidentiality.—
   16         (1) Payment instrument transaction information held by the
   17  office pursuant to s. 560.310 which identifies a licensee,
   18  payor, payee, or conductor is confidential and exempt from s.
   19  119.07(1) and s. 24(a), Art. I of the State Constitution.
   20         (2)(a) A licensee may access information that it submits to
   21  the office for inclusion in the database.
   22         (b) The office, to the extent permitted by state and
   23  federal law, may enter into information-sharing agreements with
   24  the department, law enforcement agencies, and other governmental
   25  agencies and, in accordance with such agreements, may provide
   26  the department, law enforcement agencies, and other governmental
   27  agencies with access to information contained in the database
   28  for use in detecting and deterring financial crimes and workers’
   29  compensation violations, pursuant to chapter 440. Any department
   30  or agency that receives confidential information from the office
   31  under this paragraph must maintain the confidentiality of the
   32  information, unless, and only to the extent that, a court order
   33  compels production of the information to a specific party or
   34  parties.
   35         (3) The office may release payment instrument transaction
   36  information in the aggregate, so long as the information
   37  released does not reveal information that identifies a licensee,
   38  payor, payee, or conductor.
   39         (4) This section is subject to the Open Government Sunset
   40  Review Act in accordance with s. 119.15 and shall stand repealed
   41  on October 2, 2020, unless reviewed and saved from repeal
   42  through reenactment by the Legislature.
   43         Section 2. This act shall take effect October 1, 2020.