Bill > S1514

This bill revives and amends a law to make certain information held by Space Florida, a state agency focused on spaceport development and the space industry, confidential and exempt from public records requirements if it qualifies as a trade secret, which is defined as proprietary information that gives a business a competitive advantage. This exemption also applies to portions of Space Florida's board of directors' meetings where these trade secrets are discussed, allowing those portions to be closed to the public and exempt from public meetings requirements, and any records generated during these closed meetings will also be kept confidential. The bill specifies that Space Florida must inform the public in writing if a requested record contains a trade secret, and this exemption is subject to legislative review and will automatically be repealed on October 2, 2031, unless reenacted. The bill also includes a statement of public necessity, explaining that protecting trade secrets is crucial for Space Florida to attract and retain businesses in the space industry, as disclosure could harm economic development and give competitors an unfair advantage.

Government Affairs

https://www.flsenate.gov/Session/Bill/2026/1514