Florida 2024 Regular Session Status: Enacted Bipartisan · 1 R · 1 D cosponsors

HB 85 — Pub. Rec./New State Banks and New State Trust Companies

Last action — Chapter No. 2024-62

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced September 27, 2023. Enacted.

Signed by Governor Ron DeSantis (Republican) on April 05, 2024.

Prognosis

Likely to advance 92% · high confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 3 sponsors

    2 primary, 1 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 R · 1 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Pub. Rec./New State Banks and New State Trust Companies; Provides exemption from public records requirements for information received by OFR relating to application for authority to organize new state bank or new state trust company until specified conditions are met; provides for future legislative review & repeal of exemptions; provides statement of public necessity.

Bill Text

What changed in the latest version

91 added · 88 removed

91 line(s) added, 88 removed.

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Latest
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 CS/HB8, Engrossed 1 2024 A bill to be entitled An act relating to public records;
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 CS/HB85 2024 A bill to be entitled An act relating to public records;
limited restrictions upon public access.— (5)(a) The following information received by the office pursuant to an application for authority to organize a new state Page 1of 5 CODING:
limited restrictions upon public access.— (5)(a) Except as otherwise provided in this section and except for those portions that are otherwise public record, the Page 1of 5 CODING:
hb0085-02-e1 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 CS/HB8, Engrossed 1 2024 bank or new state trust company under chapter 658 is confidential and exempt from s.
hb0085-01-c1 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 CS/HB85 2024 following information received by the office pursuant to an application for authority to organize a new state bank or new state trust company under chapter 658 is confidential and exempt from s.
(b) The personal identifying information of a proposed officer or proposed director who is currently employed by, or actively participates in the affairs of, another financial institution received by the office pursuant to an application for authority to organize a new state bank or new state trust company under chapter 658 is exempt from s.
(b) The personal identifying information of a proposed officer or proposed director who is currently employed by, or actively participates in the affairs of, another financial institution received by the office pursuant to an application for authority to organize a new state bank or new state trust company under chapter 658 is confidential and exempt from s.
(c) This subsection is subject to the Open Government Sunset Review Act in accordance with s.
Page 2of 5 CODING:
119.15 and is repealed Page 2of 5 CODING:
hb0085-02-e1 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 CS/HB8, Engrossed 1 2024 October 2, 2029, unless reviewed and saved from repeal through reenactment by the Legislature.
hb0085-01-c1 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 CS/HB85 2024 (c) This subsection is subject to the Open Government Sunset Review Act in accordance with s.
119.15 and is repealed October 2, 2029, unless reviewed and saved from repeal through reenactment by the Legislature.
The Legislature finds that it is a public necessity that certain information received by the Office of Financial Regulation pursuant to an application for authority to organize a new state bank or new state trust company under chapter 658, Florida Statutes, be made exempt from s.
The Legislature finds that it is a public necessity that certain information received by the Office of Financial Regulation pursuant to an application for authority to organize a new state bank or new state trust company under chapter 658, Florida Statutes, be made confidential and exempt from s.
The Legislature further finds that it is a public necessity that the personal identifying information of a proposed officer or proposed director who is currently employed by, or actively participates in the affairs of, another financial institution be made exempt from s.
The Legislature further finds that it is a public necessity that the personal identifying information of a proposed officer or proposed director who is currently employed by, or actively participates in the affairs of, another financial institution be made confidential and exempt from s.
24(a), Article I of the State Constitution for the duration of the application process, until the application is approved and a charter is issued.
24(a), Article I of the State Constitution for the duration of the application process, until the application is approved and a Page 3of 5 CODING:
The office may receive sensitive personal, financial, and business information in conjunction with its duties related to the review of Page 3of 5 CODING:
hb0085-02-e1 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 CS/HB8, Engrossed 1 2024 applications for the organization or establishment of new state banks and new state trust companies.
hb0085-01-c1 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 CS/HB85 2024 charter is issued.
The office may receive sensitive personal, financial, and business information in conjunction with its duties related to the review of applications for the organization or establishment of new state banks and new state trust companies.
Finally, the public availability of a proposed state bank's or proposed state trust company's business plan may cause competitive harm to such bank's or trust company's future business operations and presents an unfair competitive advantage for existing financial institutions that are not required to release such information.
Finally, the public availability of a proposed state bank's or proposed state trust company's business plan may cause competitive harm to such bank's or trust company's future Page 4of 5 CODING:
Page 4of 5 CODING:
hb0085-02-e1 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 CS/HB85, Engrossed 1 2024 Section 3.
hb0085-01-c1 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 CS/HB85 2024 business operations and presents an unfair competitive advantage for existing financial institutions that are not required to release such information.
Section 3.
hb0085-02-e1
hb0085-01-c1
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Action History

  1. Chapter No. 2024-62

  2. Approved by Governor

  3. Signed by Officers and presented to Governor

  4. Ordered enrolled

  5. In Messages

  6. CS passed; YEAS 33 NAYS 0

  7. Read 3rd time

  8. Read 2nd time

  9. Substituted for CS/SB 1014

  10. Placed on Calendar, on 2nd reading

  11. Withdrawn from Rules

  12. Received

  13. Referred to Rules

  14. In Messages

  15. CS passed as amended; YEAS 114, NAYS 1

  16. Read 3rd time

  17. Added to Third Reading Calendar

  18. Placed on 3rd reading

  19. Amendment 465317 adopted

  20. Read 2nd time

  21. Bill added to Special Order Calendar (2/27/2024)

  22. Added to Second Reading Calendar

  23. Bill released to House Calendar

  24. Reported out of Commerce Committee

  25. Favorable by Commerce Committee

  26. Added to Commerce Committee agenda

  27. Now in Commerce Committee

  28. Reported out of Ethics, Elections & Open Government Subcommittee

  29. Favorable by Ethics, Elections & Open Government Subcommittee

  30. Added to Ethics, Elections & Open Government Subcommittee agenda

  31. Now in Ethics, Elections & Open Government Subcommittee

  32. Referred to Commerce Committee

  33. Referred to Ethics, Elections & Open Government Subcommittee

  34. 1st Reading (Committee Substitute 1)

  35. CS Filed

  36. Laid on Table under Rule 7.18(a)

  37. Reported out of Insurance & Banking Subcommittee

  38. Favorable with CS by Insurance & Banking Subcommittee

  39. 1st Reading (Original Filed Version)

  40. Added to Insurance & Banking Subcommittee agenda

  41. Now in Insurance & Banking Subcommittee

  42. Referred to Commerce Committee

  43. Referred to Ethics, Elections & Open Government Subcommittee

  44. Referred to Insurance & Banking Subcommittee

  45. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 1 co-sponsors · 161 not signed on · 1 voted No

Sponsors (2)

Co-sponsors (1)

Not signed on (161)

161 members have not signed on to this bill.

Show all 161 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 33 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Republican 17005
Democrat 5001
Unaffiliated 10001
No Party Affiliation 1000
Total 33007
% of votes cast 83%0%0%18%
How each member voted (40)
Member Party Vote
Powell — Yea
Baxley — Not Voting
Book — Yea
Stewart — Yea
Hutson — Yea
Ingoglia — Yea
Torres — Yea
Broxson — Yea
Collins — Yea
Perry — Yea
Thompson, Geraldine F. "Geri" — Yea
Berman, Lori Democrat Yea
Davis, Tracie Democrat Yea
Jones, Shevrin D. "Shev" Democrat Not Voting
Osgood, Rosalind Democrat Yea
Polsky, Tina Scott Democrat Yea
Rouson, Darryl Ervin Democrat Yea
Pizzo, Jason W. B. No Party Affiliation Yea
Albritton, Ben Republican Yea
Boyd, Jim Republican Yea
Bradley, Jennifer Republican Yea
Brodeur, Jason Republican Yea
Burgess, Danny Republican Yea
Burton, Colleen Republican Yea
Calatayud, Alexis Republican Yea
DiCeglie, Nick Republican Yea
Garcia, Ileana Republican Yea
Grall, Erin Republican Not Voting
Gruters, Joe Republican Not Voting
Harrell, Gayle Republican Yea
Hooper, Ed Republican Yea
Martin, Jonathan Republican Yea
Mayfield, Debbie Republican Yea
Passidomo, Kathleen Republican Yea
Rodriguez, Ana Maria Republican Yea
Simon, Corey Republican Yea
Trumbull, Jay Republican Not Voting
Vacant Republican Not Voting
Wright, Tom A. Republican Yea
Yarborough, Clay Republican Not Voting

Official roll call →

Passage, Third Reading

Passed 114 Yea · 1 Nay · 5 Other
Party YeaNayPresentNot Voting
Republican 62103
Unaffiliated 24001
Democrat 28001
Total 114105
% of votes cast 95%1%0%4%
How each member voted (120)
Member Party Vote
Silvers — Yea
Keen — Yea
Killebrew — Yea
Stevenson — Yea
Caruso — Yea
Temple — Yea
Tomkow — Yea
Clemons — Yea
Waldron — Yea
Williams — Yea
Casello — Not Voting
Altman — Yea
Payne — Yea
Amesty — Yea
Fine — Yea
Renner — Yea
Roach — Yea
Bell — Yea
Grant — Yea
Beltran — Yea
Rommel — Yea
Benjamin — Yea
Roth — Yea
Rudman — Yea
Lopez, V. — Yea
Antone, Bruce Hadley Democrat Yea
Arrington, Kristen Aston Democrat Yea
Bartleman, Robin Democrat Yea
Bracy Davis, LaVon Democrat Yea
Campbell, Daryl Democrat Yea
Chambliss, Kevin D. Democrat Yea
Cross, Lindsay Democrat Yea
Daley, Dan Democrat Yea
Daniels, Kimberly Democrat Not Voting
Driskell, Fentrice Democrat Yea
Dunkley, Lisa Democrat Yea
Edmonds, Jervonte "Tae" Democrat Yea
Eskamani, Dr. Anna V. Democrat Yea
Franklin II, Gallop Democrat Yea
Gantt, Ashley Viola Democrat Yea
Gottlieb, Michael "Mike" Democrat Yea
Gregory, Emily Democrat Yea
Harris, Jennifer "Rita" Democrat Yea
Hart-Lowman, Dianne "Ms Dee" Democrat Yea
Hinson, Yvonne Hayes Democrat Yea
Hunschofsky, Christine Democrat Yea
Joseph, Dotie Democrat Yea
López, Johanna Democrat Yea
Nixon, Angela "Angie" Democrat Yea
Rayner, Michele K. Democrat Yea
Robinson, Felicia Simone Democrat Yea
Skidmore, Kelly Democrat Yea
Tant, Allison Democrat Yea
Woodson, Marie Paule Democrat Yea
Abbott, Shane G. Republican Yea
Alvarez, Daniel Antonio "Danny" Republican Yea
Anderson, Adam Republican Yea
Andrade, Robert Alexander "Alex" Republican Yea
Baker, Jessica Republican Yea
Bankson, Douglas Michael "Doug" Republican Yea
Barnaby, Webster Republican Yea
Basabe, Fabián Republican Yea
Berfield, Kimberly Republican Yea
Black, Dean Republican Not Voting
Borrero, David Republican Not Voting
Botana, Adam Republican Yea
Brackett, Robert A. "Robbie" Republican Yea
Brannan III, Robert Charles "Chuck" Republican Yea
Buchanan, James Republican Yea
Busatta, Demi Republican Yea
Canady, Jennifer Republican Yea
Cassel, Hillary Republican Yea
Chamberlin, Ryan Republican Yea
Chaney, Linda Republican Yea
Duggan, Wyman Republican Yea
Esposito, Tiffany Republican Yea
Fabricio, Tom Republican Yea
Garcia, Ileana Republican Yea
Garrison, Sam Republican Yea
Giallombardo, Mike Republican Yea
Gonzalez Pittman, Karen Republican Yea
Gossett-Seidman, Peggy Republican Yea
Griffitts Jr., Philip Wayne "Griff" Republican Yea
Holcomb, Jeff Republican Yea
Jacques, Berny Republican Yea
Koster, Traci Republican Yea
LaMarca, Chip Republican Yea
Leek, Thomas J. "Tom" Republican Yea
Maggard, Randall Scott "Randy" Republican Yea
Maney, Patt Republican Yea
Massullo, Ralph E., Jr. Republican Yea
McClain, Stan Republican Yea
McClure, Lawrence Republican Yea
McFarland, Fiona Republican Yea
Melo, Lauren Republican Yea
Michael, Kiyan Republican Yea
Mooney Jr., James Vernon "Jim" Republican Yea
Overdorf, Tobin Rogers "Toby" Republican Yea
Perez, Daniel Republican Yea
Persons-Mulicka, Jenna Republican Yea
Plakon, Rachel Saunders Republican Yea
Plasencia, Susan Republican Yea
Porras, Juan Carlos Republican Yea
Redondo, Mike Republican Yea
Rizo, Alex Republican Yea
Robinson Jr., William Cloud "Will" Republican Yea
Salzman, Michelle Republican Yea
Shoaf, Jason Republican Yea
Sirois, Tyler I. Republican Yea
Smith, David Republican Yea
Snyder, John Republican Yea
Stark, Paula A. Republican Yea
Steele, Kevin M. Republican Yea
Trabulsy, Dana Republican Yea
Tramont, Chase Republican Not Voting
Truenow, Keith L. Republican Yea
Tuck, Kaylee Republican Yea
Valdés, Susan L. Republican Nay
Yarkosky, Taylor Michael Republican Yea
Yeager, Bradford Troy "Brad" Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 85 do?
Pub. Rec./New State Banks and New State Trust Companies; Provides exemption from public records requirements for information received by OFR relating to application for authority to organize new state bank or new state trust company until specified conditions are met; provides for future legislative review & repeal of exemptions; provides statement of public necessity.
Who sponsors HB 85?
HB 85 is sponsored by Barnaby, Webster (Republican), López, Johanna (Democrat), and Insurance & Banking Subcommittee.
What is the current status of HB 85?
This bill has been enacted into law. Introduced September 27, 2023. Enacted.
Where can I track HB 85?
Track HB 85 free on One Click Politics — get push/email alerts when it moves.

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