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The Florida Senate

CS/SB 372: Investment of Public Funds

GENERAL BILL by Governmental Oversight and Productivity ; Rossin

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; revises authority of Banking & Finance Dept. to follow up on entities that fail to file annual financial reports, etc. Amends FS.

Effective Date: 10/01/2000
Last Action: 6/14/2000 - Approved by Governor; Chapter No. 2000-264
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    11/4/1999 Senate • Prefiled
    11/30/1999 Senate • Referred to Governmental Oversight and Productivity; Fiscal Policy
    1/31/2000 Senate • On Committee agenda-- Governmental Oversight and Productivity, 02/08/00, 9:00 am, 37-S
    2/8/2000 Senate • Comm. Action: CS by Governmental Oversight and Productivity; YEAS 5 NAYS 0
    2/10/2000 Senate • Now in Fiscal Policy
    3/7/2000 Senate • Introduced, referred to Governmental Oversight and Productivity; Fiscal Policy -SJ 00032; On Committee agenda-- Governmental Oversight and Productivity, 02/08/00, 9:00 am, 37-S; Comm. Action: CS by Governmental Oversight and Productivity; YEAS 5 NAYS 0 -SJ 00009; CS read first time on 03/07/00 -SJ 00118; Now in Fiscal Policy -SJ 00009
    3/8/2000 Senate • Withdrawn from Fiscal Policy -SJ 00135; Placed on Calendar
    3/21/2000 Senate • Placed on Special Order Calendar -SJ 00235
    3/22/2000 Senate • Placed on Special Order Calendar -SJ 00251; Read second time -SJ 00275; Amendment(s) adopted -SJ 00275; Ordered engrossed -SJ 00276
    3/29/2000 Senate • Read third time -SJ 00289; CS passed as amended; YEAS 37 NAYS 0 -SJ 00289; Immediately certified -SJ 00289
    3/29/2000 House • In Messages
    4/12/2000 House • Received, placed on Calendar -HJ 00506; Substituted for CS/HB 303 -HJ 00517; Read second time -HJ 00517
    4/18/2000 House • Read third time -HJ 00558; CS passed; YEAS 114 NAYS 0 -HJ 00560
    4/19/2000 Senate • Ordered enrolled -SJ 00541
    5/30/2000 • Signed by Officers and presented to Governor
    6/14/2000 • Approved by Governor; Chapter No. 2000-264

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  • CS/SB 372, Enrolled (Current Bill Version) Posted 8/25/2000 at 4:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 303 (c1) Investment of Public Funds Andrews Similar Last Action: 4/12/2000 H 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
    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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  • CS/SB 372, Engrossed 1 Posted 8/25/2000 at 4:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    782117 - Amendment
    Andrews 4/13/2000
    3:10 AM
    Web Page
    PDF
    400063 - Amendment
    Smith 4/19/2000
    5:13 AM
    Web Page
    PDF

    Floor Votes (2)

    Date Chamber Result
    3/29/2000 10:38 AM Senate 37 Yeas - 0 Nays
    4/18/2000 11:06 AM House 114 Yeas - 0 Nays

    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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  • CS/SB 372, Committee Substitute 1 Posted 8/25/2000 at 4:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Productivity (Post-Meeting) 2/10/2000 (pdf)
    Governmental Operations (Post-Meeting) 7/21/2000 (pdf)

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    324526 - Amendment
    Rossin 3/21/2000
    2:38 AM
    Web Page
    PDF
    343662 - Amendment
    Rossin 3/21/2000
    2:38 AM
    Web Page
    PDF
    464800 - Amendment
    Rossin 3/22/2000
    1:49 AM
    Web Page
    PDF
    522652 - Amendment
    Rossin 3/22/2000
    1:49 AM
    Web Page
    PDF

    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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  • SB 372, Original Filed Version Posted 8/25/2000 at 4:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    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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