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SB 70: State Investments

GENERAL BILL by Rodriguez ; (CO-INTRODUCERS) Garcia ; Torres ; Bracy ; Perry ; Powell

State Investments; Requiring the State Board of Administration to divest investments of any institution or company doing business with the government of Venezuela; prohibiting the State Board of Administration and state agencies from investing in any institution or company that does business with or invests in the government of Venezuela; authorizing the Governor to waive the investment prohibitions if certain conditions exist, etc.

Effective Date: 7/1/2018
Last Action: 3/10/2018 Senate - Died in Governmental Oversight and Accountability, companion bill(s) passed, see HB 359 (Ch. 2018-125)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Subcommittee on Finance and Tax (AFT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    8/9/2017 Senate • Filed
    8/28/2017 Senate • Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 13
    1/9/2018 Senate • Introduced -SJ 13
    3/10/2018 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Governmental Oversight and Accountability, companion bill(s) passed, see HB 359 (Ch. 2018-125)

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  • SB 70, Original Filed Version (Current Bill Version) Posted 8/9/2017 at 9:11 AM

    Bill Text:   Web Page PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 279 State Investments Hager Similar Last Action: 10/23/2017 H Withdrawn prior to introduction, companion bill(s) passed, see HB 359 (Ch. 2018-125) -HJ 28
    H 359 (er) State Investments Nunez, Diaz Similar Last Action: 3/29/2018 Chapter No. 2018-125
    S 538 State and Local Governmental Relations with The Government of Venezuela Garcia Similar Last Action: 3/7/2018 S Laid on Table, companion bill(s) passed, see HB 359 (Ch. 2018-125) -SJ 785

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    215.471 Divestiture by the State Board of Administration; reporting requirements. Page 1 (pdf)
    215.472 Prohibited investments. Page 2 (pdf)

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