summary
Introduced
02/12/2026
02/12/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An act relating to public records; 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 money transmitters acting as custodians of gold coin and silver coin as authorized by chapter 2025-100, Laws of Florida; providing for future legislative review and repeal of the exemption; reenacting and amending s. 560.312, F.S.; expanding a public records exemption for payment instrument transactions to incorporate the inclusion of money transmitters acting as custodians of gold coin and silver coin as authorized by chapter 2025-100, Laws of Florida; providing for future legislative review and repeal of the exemption; amending s. 560.4041, F.S.; expanding a public records exemption for deferred presentment transactions to incorporate the inclusion of money transmitters acting as custodians of gold coin and silver coin as authorized by chapter 2025-100, Laws of Florida; providing 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 financial institutions acting as custodians of gold coin and silver coin as authorized by chapter 2025-100, Laws of Florida; 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 acting as custodians of gold coin and silver coin as authorized by chapter 2025-100, Laws of Florida; providing a statement of public necessity; providing a contingent effective date.
AI Summary
This bill expands public records exemptions for information gathered by the Office of Financial Regulation (OFR) during investigations and examinations, specifically to include entities acting as custodians of gold and silver coins, as authorized by a previous law (chapter 2025-100, Laws of Florida). This means that customer complaints, trade secrets, personal financial information, payment instrument transaction details, and deferred presentment transaction information related to these gold and silver coin custodians will be kept confidential, similar to how such information is protected for other financial institutions and money transmitters. The bill also establishes that these exemptions are subject to a future legislative review and will automatically be repealed on October 2, 2031, unless the legislature acts to extend them. The rationale provided is that this confidentiality is necessary to protect ongoing investigations, prevent harm to individuals and institutions, and ensure the effective functioning of financial regulation, particularly concerning potential money laundering and terrorist financing activities.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Banking and Insurance (S)
Last Action
Referred to Rules (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2026/7044 |
| BillText | https://www.flsenate.gov/Session/Bill/2026/7044/BillText/Filed/HTML |
| Analysis - Banking and Insurance (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2026/7044/Analyses/2026s07044.bi.PDF |
| Analysis - Banking and Insurance (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2026/7044/Analyses/2026s07044.pre.bi.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2026/7044/BillText/pb/HTML |
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