(b)(3) EXEMPTION 3 Information Specifically Exempted by Other Statutes. This exemption incorporates the disclosure prohibitions that are contained in various other federal statutes. As originally enacted in 1966, Exemption 3 was broadly phrased so as to simply cover information "specifically exempted from disclosure by statute."  The new Exemption 3 statue prohibits agencies from releasing under the FOIA any proposal "submitted by a contractor in response to the requirements of a solicitation for a competitive propsals," unless that proposal "is set forth or incoprorated by reference in a contract entered into between the agency and the contractor that submitted the proposal."