SB 996 — OGSR/Scripps Florida Funding Corporation
by Commerce and Tourism Committee
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Commerce and Tourism Committee (CM)
In 2003, the Legislature appropriated $310 million for the California-based Scripps Research Institute (SRI) to open a Florida research facility (Scripps Florida), the Legislature also created the Scripps Florida Funding Corporation (the Funding Corporation) to release the funds to Scripps Florida according to a 20-year agreement. Additionally, the Legislature created public records and public meeting exemptions for certain records and information provided by SRI or Scripps Florida to the Funding Corporation. These exemptions are codified in s. 288.9551, F.S., which is set to expire on October 2, 2014.
The bill repeals the public records and public meetings exemptions in s. 288.9551, F.S., because the Funding Corporation has indicated that it operates in the sunshine and does not receive such confidential and exempt information.
If approved by the Governor, these provisions take effect October 1, 2014.
Vote: Senate 40-0; House 110-0