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CS/HB 303: Investment of Public Funds

GENERAL BILL by Finance & Taxation ; Andrews ; (CO-INTRODUCERS) Crist

Investment of Public Funds; requires that investment of assets of any local retirement system or plan be consistent with written investment policy; requires that such policies list authorized investments & prohibits investments not so listed; revises requirements re local governments' investment policies; provides requirements re disposition & sale of securities, & funds subject to preexisting contracts, etc. Amends FS.

Effective Date: 10/01/2000
Last Action: 4/12/2000 House - Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 372 (Ch. 2000-264) -HJ 00517
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    10/22/1999 House • Prefiled
    11/4/1999 House • Referred to Governmental Operations (PRC); Community Affairs (PRC); Finance & Taxation (FRC); General Government Appropriations (FRC)
    11/18/1999 House • On Committee agenda-- Governmental Operations (PRC), 12/08/99, 1:00 pm, 317-C
    12/8/1999 House • Comm. Action: Favorable by Governmental Operations (PRC); YEAS 6 NAYS 0
    12/9/1999 House • Now in Community Affairs (PRC)
    1/7/2000 House • On Committee agenda-- Community Affairs (PRC), 01/19/00, 1:00 pm, Morris Hall
    1/19/2000 House • Comm. Action: Favorable with 2 amendment(s) by Community Affairs (PRC); YEAS 9 NAYS 0
    1/21/2000 House • Now in Finance & Taxation (FRC)
    1/28/2000 House • On Committee agenda-- Finance & Taxation (FRC), 02/09/00, 1:00 pm, Morris Hall
    2/9/2000 House • Comm. Action: CS by Finance & Taxation (FRC); YEAS 14 NAYS 0
    2/21/2000 House • Pending review of CS under Rule 113
    2/22/2000 House • Now in General Government Appropriations (FRC)
    3/7/2000 House • Introduced, referred to Governmental Operations (PRC); Community Affairs (PRC); Finance & Taxation (FRC); General Government Appropriations (FRC) -HJ 00025; On Committee agenda-- Governmental Operations (PRC), 12/08/99, 1:00 pm, 317-C; Comm. Action: Favorable by Governmental Operations (PRC); YEAS 6 NAYS 0 -HJ 00143; Now in Community Affairs (PRC) -HJ 00143; On Committee agenda-- Community Affairs (PRC), 01/19/00, 1:00 pm, Morris Hall; Comm. Action: Favorable with 2 amendment(s) by Community Affairs (PRC); YEAS 9 NAYS 0 -HJ 00145; Now in Finance & Taxation (FRC) -HJ 00145; On Committee agenda-- Finance & Taxation (FRC), 02/09/00, 1:00 pm, Morris Hall; Comm. Action: CS by Finance & Taxation (FRC); YEAS 14 NAYS 0 -HJ 00149; CS read first time on 03/07/00 -HJ 00126; Pending review of CS under Rule 113 -HJ 00149; Now in General Government Appropriations (FRC) -HJ 00149
    3/31/2000 House • Withdrawn from General Government Appropriations (FRC) -HJ 00370; Placed on calendar, available for General Calendar
    4/12/2000 House • Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 372 (Ch. 2000-264) -HJ 00517

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  • CS/HB 303, Committee Substitute 1 (Current Bill Version) Posted 8/28/2000 at 9:14 AM

    Bill Text:   Web Page | PDF
    Analyses:   Finance & Taxation (Post-Meeting) 2/21/2000 (pdf)
    Finance & Taxation (Post-Meeting) 2/21/2000 (pdf)
    Finance & Taxation (Post-Meeting) 2/21/2000 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 372 (e1) Rossin Similar Last Action: 6/14/2000 Approved by Governor; Chapter No. 2000-264
    Location:

    Citations - Statutes (17)

    Citation Catchline Location in Bill Location In Bill Help
    11.45 Definitions; duties; audits; reports.
    28.33 Investment of county funds.
    112.625 Definitions.
    112.661
    125.31 Investment of surplus public funds; regulations.
    159.416 Pool financings.
    166.261 Municipalities; investments.
    218.32 Annual financial reports; local governmental entities.
    218.345 Special districts; investments.
    218.38 Notice of bond issues required; verification.
    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.
    236.49 Proceeds; how expended.
    237.161 Obligations for a period of 1 year.
    237.211 School depositories; payments into and withdrawals from depositories.

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  • HB 303, Original Filed Version Posted 8/28/2000 at 9:14 AM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Post-Meeting) 12/21/1999 (pdf)
    Community Affairs (Post-Meeting) 1/19/2000 (pdf)
    Finance & Taxation (Post-Meeting) 2/3/2000 (pdf)
    Governmental Operations (Post-Meeting) 12/3/1999 (pdf)
    Governmental Operations (Post-Meeting) 12/8/1999 (pdf)

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    11.45 Definitions; duties; audits; reports.
    28.33 Investment of county funds.
    112.625 Definitions.
    112.661
    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.
    236.49 Proceeds; how expended.
    237.161 Obligations for a period of 1 year.
    237.211 School depositories; payments into and withdrawals from depositories.

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