SECTION 1.  Section 7(26)(s) of chapter 4 of the General Laws is hereby repealed.

SECTION 2.  Section 7(26)(g) of chapter 4 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by striking out subclause (g) and replacing it with the following paragraph:

(g) trade secrets or commercial financial, or proprietary information provided upon a promise of confidentiality to a public entity for use in developing governmental policy or in furtherance of necessary governmental functions, the disclosure of which would compromise the entity’s performance of the public function;

SECTION 3.  Section 1 of chapter 303 of the General Laws, as so appearing, is hereby amended by striking after the word contract, in lines 98 and 99, the following language:-

“; provided, further, that for any such contract determined to contain confidential information under subclause (r) of section 7 of chapter 4, the governmental body shall instead maintain a record of the procurement processes and awards for 6 years after the date of the final payment.”

and inserting in place thereof the following language:-

“; provided, further, that for any such contract determined to contain confidential information under subclause (g) of section 7 of chapter 4, the governmental body shall instead maintain a record of the procurement processes and awards for 6 years after the date of the final payment.”