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. Specifically, it removes the scheduled repeal of the exemption from public records requirements for specific information related to Financial Technology Sandbox applications. The information that remains confidential includes reasons why existing laws prevent the availability of innovative financial products or services, evaluation factors for applicants, and plans for testing and monitoring these products or services.

Additionally, the bill clarifies that while the confidential information is exempt from public disclosure, 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.

Statutes affected:
S 7008 Filed: 559.952