Florida HB 1087: Pub. Rec./Office of Financial Regulation

Bill Text

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CS/CS/HB 1087, Engrossed 1 2026 Legislature

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An act relating to public records; reenacting and 2
amending s. 560.129, F.S.; expanding a public records 3
exemption for certain information obtained by the 4
Office of Financial Regulation concerning or during 5
the course of an investigation or examination 6
conducted by the office, including customer and 7
consumer complaints, to incorporate the inclusion of 8
documents relating to virtual currency businesses, 9
qualified payment stablecoin issuers, and money 10
transmitters acting as custodians of gold coin and 11
silver coin; providing for future legislative review 12
and repeal of the exemptions; providing statements of 13
public necessity; amending s. 560.312, F.S.; expanding 14
a public records exemption for payment instrument 15
transactions to incorporate the inclusion of money 16
transmitters acting as custodians of gold coin and 17
silver coin; providing for future legislative review 18
and repeal of the exemption; amending s. 560.4041, 19
F.S.; expanding a public records exemption for 20
deferred presentment transactions to incorporate the 21
inclusion of money transmitters acting as custodians 22
of gold coin and silver coin; providing for future 23
legislative review and repeal of the exemption; 24
providing a statement of public necessity; reenacting 25

ENROLLED
CS/CS/HB 1087, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
hb1087 -03-er
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

and amending s. 655.057, F.S.; expanding a public 26
records exemption for certain information obtained by 27
the office concerning an investigation or examination 28
conducted by the office, including reports or papers 29
of examinations, operations, or condition, and trade 30
secrets to incorporate the inclusion of trust 31
companies that are qualified payment stablecoin 32
issuers and money transmitters acting as custodians of 33
gold coin and silver coin; providing for future 34
legislative review and repeal of the exemption; 35
providing statements of public necessity; reenacting 36
and amending s. 655.50, F.S.; expanding a public 37
records exemption for reports and records filed with 38
the office to incorporate the inclusion of financial 39
institutions that are trust companies that are 40
qualified payment stablecoin issuers and money 41
transmitters acting as custodians of gold coin and 42
silver coin; providing statements of public necessity; 43
providing contingent effective dates. 44
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Be It Enacted by the Legislature of the State of Florida: 46
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Section 1. Effective on the same date that HB 175 or SB 48
198, 2026 Regular Session, or similar legislation takes effect, 49
if such legislation is adopted in the same legislative session 50

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CS/CS/HB 1087, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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or an extension thereof and becomes a law, or sections 1 through 51
15 of chapter 2025-100, Laws of Florida, take effect, present 52
subsection (7) of section 560.129, Florida Statutes, is 53
redesignated as subsection (8), a new subsection (7) is added to 54
that section, and subsections (1), (2), and (4) of that section 55
are reenacted, to read: 56
560.129 Confidentiality.— 57
(1) Except as otherwise provided in this section, all 58
information concerning an investigation or examination conducted 59
by the office pursuant to this chapter, including any customer 60
complaint received by the office or the Department of Financial 61
Services, is confidential and exempt from s. 119.07(1) and s. 62
24(a), Art. I of the State Constitution until the investigation 63
or examination ceases to be active. For purposes of this 64
section, an investigation or examination is considered "active" 65
so long as the office or any other administrative, regulatory, 66
or law enforcement agency of any jurisdiction is proceeding with 67
reasonable dispatch and has a reasonable good faith belief that 68
action may be initiated by the office or other administrative, 69
regulatory, or law enforcement agency. 70
(2) All information obtained by the office in the course 71
of its investigation or examination which is a trade secret, as 72
defined in s. 688.002, or which is personal financial 73
information shall remain confidential and exempt from s. 74
119.07(1) and s. 24(a), Art. I of the State Constitution. If any 75

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CS/CS/HB 1087, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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administrative, civil, or criminal proceeding against a money 76
service