Florida Senate - 2016                        COMMITTEE AMENDMENT
       Bill No. SB 1490
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/01/2016           .                                

       The Committee on Banking and Insurance (Lee) recommended the
    1         Senate Amendment (with title amendment)
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Paragraph (b) of subsection (5) of section
    6  655.057, Florida Statutes, is amended, and paragraph (f) is
    7  added to that subsection, to read:
    8         655.057 Records; limited restrictions upon public access.—
    9         (5) This section does not prevent or restrict:
   10         (b) Furnishing records or information to any other state,
   11  federal, or foreign agency responsible for the regulation or
   12  supervision of financial institutions, including Federal Home
   13  Loan Banks.
   14         (f) Furnishing information to the Federal Home Loan Banks
   15  regarding their member institutions pursuant to an information
   16  sharing agreement between the Federal Home Loan Banks and the
   17  office.
   19  Any confidential information or records obtained from the office
   20  pursuant to this subsection shall be maintained as confidential
   21  and exempt from s. 119.07(1).
   22         Section 2. The Office of Financial Regulation shall execute
   23  an information-sharing agreement with the Federal Home Loan
   24  Banks for purposes of s. 655.057(5)(f), Florida Statutes, by
   25  August 1, 2016.
   26         Section 3. This act shall take effect July 1, 2016.
   28  ================= T I T L E  A M E N D M E N T ================
   29  And the title is amended as follows:
   30         Delete everything before the enacting clause
   31  and insert:
   32                        A bill to be entitled                      
   33         An act relating to the Federal Home Loan Banks;
   34         amending s. 655.057, F.S.; providing that certain
   35         records requirements do not prevent or restrict the
   36         furnishing of certain information held by the Office
   37         of Financial Regulation to the Federal Home Loan Banks
   38         pursuant to an information-sharing agreement;
   39         requiring the office to execute such agreement by a
   40         specified date; providing an effective date.