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The Florida Senate

HB 1625: Investment of Public Funds

GENERAL BILL by Andrews

Investment of Public Funds; prescribes guidelines for investments by units of local government; prohibits investments not authorized by local investment policy; provides for continuing education for local officials responsible for making investments; prescribes limitations & conditions on investments of retirement system or plan assets; requires investment plans to adopt investment policy; prescribes requirements for investment of county funds, etc. Amends FS.

Effective Date: 10/01/1999
Last Action: 4/30/1999 House - Died in Committee on Community Affairs (PRC)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/8/1999 House • Filed
    3/9/1999 House • Introduced -HJ 00243
    3/15/1999 House • Referred to Governmental Operations (PRC); Community Affairs (PRC); Finance & Taxation (FRC); Transportation & Economic Development Appropriations (FRC) -HJ 00311
    4/12/1999 House • On Committee agenda-- Governmental Operations (PRC), 04/14/99, 2:00 pm, 317C
    4/14/1999 House • Comm. Action: Unanimously Favorable with 1 amendment(s) by Governmental Operations (PRC) -HJ 00751
    4/20/1999 House • Now in Community Affairs (PRC) -HJ 00751
    4/30/1999 House • Died in Committee on Community Affairs (PRC)

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  • HB 1625, Original Filed Version (Current Bill Version) Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Operations (Post-Meeting) 4/9/1999 (pdf)
    Governmental Operations (Post-Meeting) 4/15/1999 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1992 (e1) Investment of Public Funds Rossin Similar Last Action: 4/30/1999 H Died in Messages, Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 1566 (Ch. 99-251)
    Location:

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    28.33 Investment of county funds.
    112.661
    112.662
    125.31 Investment of surplus public funds; regulations.
    159.416 Pool financings.
    166.261 Municipalities; investments.
    218.345 Special districts; investments.
    218.415 Local government investment policies.
    219.075 Investment of surplus funds by county officers.
    230.23 Powers and duties of school board.
    236.24 Sources of district school fund.
    237.161 Obligations for a period of 1 year.

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