Bill

Bill > S1440


FL S1440

FL S1440
Public Records/Office of Financial Regulation


summary

Introduced
01/08/2026
In Committee
01/16/2026
Crossed Over
02/25/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An act relating to public records; amending s. 494.00125, F.S.; providing an exemption from public records requirements for information received by the Office of Financial Regulation pursuant to certain cybersecurity event provisions relating to information systems and customer information of loan originators, mortgage brokers, and mortgage lenders and for information received by the office as a result of investigations and examinations of such cybersecurity events; providing for future legislative review and repeal of the exemption; providing a statement of public necessity; amending s. 517.2015, F.S.; providing a public records exemption for certain information in reports of financial exploitation; providing for future legislative review and repeal of the exemption; providing a statement of public necessity; reenacting and amending s. 560.129, F.S.; expanding a public records exemption for certain information obtained by the Office of Financial Regulation concerning or during the course of an investigation or examination conducted by the office, including customer and consumer complaints, to incorporate the inclusion of documents relating to cybersecurity incidents, data breaches, and information security programs; providing an exemption from public records requirements for information received by the office pursuant to certain cybersecurity events, documents relating to information systems, and customer information of money services businesses and for information received by the office as a result of investigations and examinations of such cybersecurity events; providing for future legislative review and repeal of the exemptions; providing a statement of public necessity; amending s. 560.129, F.S.; expanding a public records exemption for certain information obtained by the Office of Financial Regulation concerning or during the course of an investigation or examination conducted by the office, including customer and consumer complaints, to incorporate the inclusion of documents relating to virtual currency businesses and qualified payment stablecoin issuers; providing for future legislative review and repeal of the exemptions; specifying that certain provisions do not become effective under certain circumstances; providing statements of public necessity; amending s. 655.0171, F.S.; providing an exemption from public records requirements for customer personal information received by the office relating to breaches of security of financial institutions or received by the office as a result of investigations of such breaches under certain circumstances; providing exceptions; providing definitions; providing for future legislative review and repeal of the exemption; providing a statement of public necessity; amending s. 655.057, F.S.; providing an exemption from public records requirements for certain information received by the office pursuant to applications for authority to organize new state credit unions and for certain information relating to specified persons; providing exceptions; defining the term “personal identifying information”; revising the date for future legislative review and repeal of the exemption; providing a statement of public necessity; reenacting and amending s. 655.057, F.S.; expanding a public records exemption for certain information obtained by the office concerning an investigation or examination conducted by the office, including reports or papers of examinations, operations, or condition, and trade secrets to incorporate the inclusion of trust companies that are qualified payment stablecoin issuers; providing for future legislative review and repeal of the exemption; providing a statement of public necessity; reenacting and amending s. 655.50, F.S.; expanding a public records exemption for reports and records filed with the office to incorporate the inclusion of financial institutions that are trust companies that are qualified payment stablecoin issuers; providing a statement of public necessity; providing contingent effective dates.

AI Summary

This bill enacts several provisions to exempt certain information held by the Office of Financial Regulation (OFR) from public records requirements, aiming to protect sensitive data and facilitate investigations. Specifically, it creates exemptions for information related to cybersecurity events involving loan originators, mortgage brokers, and lenders, as well as for certain information in reports of financial exploitation of vulnerable adults. The bill also expands existing exemptions for money services businesses to include documents related to cybersecurity incidents and information about virtual currency businesses and qualified payment stablecoin issuers. Furthermore, it exempts customer personal information received by the OFR concerning data breaches at financial institutions and information received during applications to organize new state credit unions, including personal financial details and business plans. Finally, it exempts reports and records filed with the OFR concerning money laundering and terrorist financing, particularly those involving trust companies that are qualified payment stablecoin issuers, to prevent tipping off potential offenders and protect ongoing investigations, with most exemptions subject to future legislative review and repeal.

Committee Categories

Budget and Finance

Sponsors (1)

Other Sponsors (2)

Banking and Insurance (Senate), Rules (Senate)

Last Action

In Messages (on 02/25/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...