The bill amends section 287.042 of the Florida Statutes to provide an exemption from public records requirements for certain vendor information held by the Department of Management Services in electronic systems. Specifically, it allows for the sharing of this vendor information with other governmental entities for their duties and responsibilities without waiving the exemption. The bill also includes a provision for future legislative review and potential repeal of the exemption, which is set to expire on October 2, 2030, unless reenacted by the Legislature.

Additionally, the bill states a public necessity for this exemption, emphasizing the need to protect sensitive and proprietary information related to vendor evaluations and procurement decisions. The Legislature argues that public disclosure of such information could compromise government operations and decision-making, particularly regarding safety and security. The act will take effect concurrently with SB 1276 or similar legislation, provided that such legislation is adopted in the same session or an extension thereof.