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CS/CS/HB 669 — Israeli Bonds

by State Affairs Committee; Intergovernmental Affairs Subcommittee; and Rep. Gossett-Seidman and others (CS/SB 1674 by Community Affairs Committee and Senators Calatayud, Fine, and Polsky)

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Community Affairs Committee (CA)

The bill prohibits a local government’s investment policy from requiring a minimum bond rating for investments in rated or unrated bonds issued by the Israeli government.

If approved by the Governor, or allowed to become law without the Governor’s signature, these provisions take effect July 1, 2025.

Vote: Senate 36-0; House 113-0