HB 7111 — Open Government Sunset Review/Unclaimed Property
by Government Operations Subcommittee and Rep. Mayfield and others (CS/CS/SB 1208 by Rules Committee; Governmental Oversight and Accountability Committee and Banking and Insurance Committee)
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Banking and Insurance Committee (BI)
The bill reenacts current exemptions of public records for social security numbers and other unique identifiers for owners of unclaimed property held by the Department of Financial Services.
The bill allows for the limited release of information to registered locators and expands the exemption with regards to the release of social security numbers for locator services. Registered locators include certified public accountants licensed by the Department of Business and Professional Regulation; private investigators licensed by the Department of Agriculture and attorneys in good standing with the Florida Bar.
The bill provides for future review and repeal of the exemption pursuant to the Open Government Sunset Review Act, and provides a public necessity statement as required by the State Constitution.
If approved by the Governor, these provisions take effect upon becoming law.
Vote: Senate 40-0; House 114-0