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Subcommittee keeps public-records exemption for small-business loan program records
Summary
The House Housing, Agriculture and Tourism Subcommittee unanimously approved HB 7007 to preserve a public-records exemption covering certain financial documents held by agencies administering small-business loan programs, preventing an automatic repeal scheduled for Oct. 2, 2026.
Representative Sapp told the House Housing, Agriculture and Tourism Subcommittee that HB 7007 "saves from repeal the public record exemption for certain financial information such as tax returns and credit reports held by an economic development agency for the purpose of administrating the state or federally funded small business loan program." The sponsor said the exemption would automatically repeal on Oct. 2, 2026, unless the bill becomes law.
Chair Kara Salzman called for questions and amendments; none were offered, and no members of the public spoke in opposition. Representative Sapp waived closing remarks after the brief presentation.
Clerk Kimberly conducted a roll call and the bill passed on a unanimous vote. Chair Salzman noted it was Representative Long's first recorded vote in committee and welcomed the new member.
The subcommittee did not take further action on amendments or refer the measure elsewhere during this meeting. The bill’s retention of the public-records exemption means specified financial documents filed with administering agencies would remain exempt from public disclosure absent future legislative change.
