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HB 7007

OGSR/Small Business Loan Program Information

2026 Regular Session Introduced by Judson Sapp

Bill HB 7007 protects small business loan program details from public disclosure, encouraging participation by keeping sensitive information confidential.

Laid on Table, refer to SB 7016
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Bill Summary · HB 7007

Summary of Bill HB 7007: OGSR/Small Business Loan Program Information

Bill Information:
- Bill Number: HB 7007
- Title: OGSR/Small Business Loan Program Information
- Status: Filed
- Introduced: November 05, 2025
- Classification: Bill
- Subject: Public Business

Purpose and Intent

Bill HB 7007 aims to amend existing legislation regarding the confidentiality of records held by economic development agencies in Florida. Specifically, it seeks to address the public record exemption for certain information related to small business loan programs. The bill is part of the Open Government Sunset Review Act, which periodically reviews exemptions to public records laws.

Key Provisions

  • Amendment to Section 288.075:

    • The bill amends paragraph (c) of subsection (7) of section 288.075 of the Florida Statutes.
    • It removes the scheduled repeal date of October 2, 2026, for the exemption from public record requirements concerning specific information held by economic development agencies.

  • Confidentiality of Records:

    • The amendment ensures that certain records related to small business loan programs remain confidential and are not subject to public disclosure, thereby protecting sensitive information about businesses that participate in these programs.

Who Would Be Affected

  • Economic Development Agencies: These agencies will continue to have the authority to keep specific information confidential, which may include financial details and personal data of small businesses applying for loans.
  • Small Businesses: Businesses seeking loans through state programs will benefit from the confidentiality of their sensitive information, potentially encouraging more participation in these programs.
  • Public and Media: The general public and media will have limited access to certain records that would otherwise be available under public records laws, impacting transparency regarding government operations.

Procedural Aspects

  • Effective Date: The bill will take effect upon becoming law, which means that if passed, the changes will be implemented immediately.
  • Legislative Review: The amendment is subject to review under the Open Government Sunset Review Act, which requires periodic evaluation of the necessity of such exemptions.

Conclusion

Bill HB 7007 seeks to enhance the confidentiality of small business loan program information by removing the scheduled repeal of the exemption from public records. This legislative change is intended to protect sensitive information related to small businesses while ensuring that economic development agencies can operate effectively. The bill is currently filed and awaits further legislative action.

Compiled from official sources — confirm details with the bill’s official record.

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