The bill amends section 559.952 of the Florida Statutes, which pertains to the Financial Technology Sandbox and the confidentiality of certain information submitted in applications. Specifically, it removes the scheduled repeal of the exemption from public record requirements for information held by the Office of Financial Regulation regarding innovative financial products or services. This means that the confidential information will continue to be protected from public disclosure indefinitely, rather than being subject to a sunset review that would have led to its repeal in 2025.

Additionally, the bill clarifies that while the confidential information remains exempt from public records, it can still be shared with appropriate state and federal agencies for investigative purposes. The act is set to take effect on October 1, 2025.

Statutes affected:
H 7003 Filed: 559.952
H 7003 er: 559.952