Bill Text: FL S7054 | 2019 | Regular Session | Introduced

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Bill Title: OGSR/Hurricane or Flood Loss Models

Spectrum: Committee Bill

Status: (Introduced - Dead) 2019-04-26 - Laid on Table, companion bill(s) passed, see HB 7091 (Ch. 2019-35) [S7054 Detail]

Download: Florida-2019-S7054-Introduced.html

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       Florida Senate - 2019                                    SB 7054
       
       
        
       By the Committee on Banking and Insurance
       
       
       
       
       
       597-02483-19                                          20197054__
    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         relating to exemptions from public records and public
    5         meetings requirements for certain trade secrets used
    6         in designing and constructing hurricane or flood loss
    7         models and provided to the Florida Commission on
    8         Hurricane Loss Projection Methodology, the Office of
    9         Insurance Regulation, or the Insurance Consumer
   10         Advocate, and for certain portions and recordings of
   11         meetings at which the trade secrets are discussed;
   12         removing the scheduled repeal of the exemptions;
   13         providing an effective date.
   14          
   15  Be It Enacted by the Legislature of the State of Florida:
   16  
   17         Section 1. Paragraph (g) of subsection (3) of section
   18  627.0628, Florida Statutes, is amended to read:
   19         627.0628 Florida Commission on Hurricane Loss Projection
   20  Methodology; public records exemption; public meetings
   21  exemption.—
   22         (3) ADOPTION AND EFFECT OF STANDARDS AND GUIDELINES.—
   23         (g)1. A trade secret, as defined in s. 688.002, which is
   24  used in designing and constructing a hurricane or flood loss
   25  model and which is provided pursuant to this section, by a
   26  private company, to the commission, office, or consumer advocate
   27  appointed pursuant to s. 627.0613 is confidential and exempt
   28  from s. 119.07(1) and s. 24(a), Art. I of the State
   29  Constitution.
   30         2.a. That portion of a meeting of the commission or of a
   31  rate proceeding on an insurer’s rate filing at which a trade
   32  secret made confidential and exempt by this paragraph is
   33  discussed is exempt from s. 286.011 and s. 24(b), Art. I of the
   34  State Constitution. The closed meeting must be recorded, and no
   35  portion of the closed meeting may be off the record.
   36         b. The recording of a closed portion of a meeting is exempt
   37  from s. 119.07(1) and s. 24(a), Art. I of the State
   38  Constitution.
   39         c. This paragraph is subject to the Open Government Sunset
   40  Review Act in accordance with s. 119.15 and shall stand repealed
   41  on October 2, 2019, unless reviewed and saved from repeal
   42  through reenactment by the Legislature.
   43         Section 2. This act shall take effect October 1, 2019.