(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 As originally enacted in 1966, Exemption 3 was broadly phrased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."