This bill amends section 559.952 of the Florida Statutes, which pertains to the Financial Technology Sandbox and the confidentiality of certain records held by the Office of Financial Regulation. The amendment specifically removes the scheduled repeal of the exemption from public records requirements for information related to Financial Technology Sandbox applications. This means that the confidential information provided to the office, which includes reasons for regulatory barriers and evaluation criteria for innovative financial products, will continue to be protected from public disclosure beyond the previously set expiration date of October 2, 2025.

Additionally, the bill clarifies that while the confidential information remains exempt from public records, it may still be shared with appropriate state and federal agencies for investigative purposes. The act is set to take effect on October 1, 2025, ensuring that the confidentiality of sensitive financial information is maintained without interruption.

Statutes affected:
S 7008 Filed: 559.952