Bill > H1179

This bill creates a new law that exempts certain information held by Space Florida, a state agency focused on aerospace development, from public disclosure and open meetings requirements. Specifically, any trade secret, which is defined as confidential business information that provides a competitive advantage, held by Space Florida, its users, or space industry businesses will be kept private. This means that records containing these trade secrets will not be accessible to the public, and meetings where these secrets are discussed can be closed to the public. The bill states this exemption is a public necessity because protecting such information is crucial for attracting and retaining aerospace businesses, fostering economic growth, and preventing competitors from gaining an advantage. This exemption is temporary and will be repealed on October 2, 2031, unless the Legislature acts to extend it. The bill also specifies that it will take effect on the same date as another piece of legislation, HB 1177, if that bill is passed in the same legislative session.

Budget and Finance

https://www.flsenate.gov/Session/Bill/2026/1179