Florida Senate - 2016 COMMITTEE AMENDMENT
Bill No. SB 1490
Senate . House
Comm: RCS .
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
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.