The bill establishes a public records exemption specifically for proprietary information related to public risk pools. It amends RCW 42.56.270 to include new provisions that protect formulas and data used by public risk pools to calculate rates for member contributions or assessments, as well as actuarial analyses and reports prepared by or for these pools. This addition aims to safeguard sensitive financial information that, if disclosed, could lead to competitive disadvantages or financial losses for the pools and their members.

In total, the bill adds a new subsection (33) to the existing list of exemptions under RCW 42.56.270, which already includes various types of financial, commercial, and proprietary information that are exempt from public disclosure. The inclusion of this specific exemption for public risk pools reflects a legislative intent to ensure the confidentiality of critical financial data that supports the operation and sustainability of these entities.

Statutes affected:
Original Bill: 42.56.270
Bill as Passed Legislature: 42.56.270
Session Law: 42.56.270