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Glossary of Legislative Terms

CS/CS/SB 952: Uniform Prudent Management of Institutional Funds

GENERAL BILL by Higher Education ; Commerce and Tourism ; Richter ; (CO-INTRODUCERS) Gaetz

Uniform Prudent Management of Institutional Funds; Provides requirements for the management of funds held by an institution exclusively for charitable purposes. Provides standards of conduct in managing and investing institutional funds. Provides requirements for appropriation for expenditure or accumulation of an endowment fund by an institution. Authorizes an institution to delegate to an external agent the management and investment of an institutional fund, etc.

Effective Date: 7/1/2012
 Last Action: 5/3/2011 Senate - Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 599 (Ch. 2011-170) -SJ 747
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Higher Education (HE)
  3. Governmental Oversight and Accountability (GO)


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Bill History

Date Chamber Action
2/10/2011 Senate • Filed
2/17/2011 Senate • Referred to Commerce and Tourism; Higher Education; Governmental Oversight and Accountability; Budget -SJ 74
3/8/2011 Senate • Introduced -SJ 73
3/17/2011 Senate • On Committee agenda-- Commerce and Tourism, 03/22/11, 1:15 pm, 401 Senate Office Building
3/22/2011 Senate • CS by Commerce and Tourism; YEAS 5 NAYS 0 -SJ 271
3/23/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Commerce and Tourism read 1st time -SJ 276
3/24/2011 Senate • Now in Higher Education -SJ 271
3/30/2011 Senate • On Committee agenda-- Higher Education, 04/04/11, 3:15 pm, 301 Senate Office Building
4/4/2011 Senate • CS/CS by Higher Education; YEAS 3 NAYS 0 -SJ 408
4/5/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/6/2011 Senate • Now in Governmental Oversight and Accountability -SJ 408
• CS/CS by Higher Education read 1st time -SJ 409
4/11/2011 Senate • On Committee agenda-- Governmental Oversight and Accountability, 04/14/11, 11:00 am, 110 Senate Office Building
4/14/2011 Senate • Favorable by Governmental Oversight and Accountability; YEAS 12 NAYS 0 -SJ 468
4/15/2011 Senate • Now in Budget -SJ 468
4/27/2011 Senate • Withdrawn from Budget -SJ 540
• Placed on Calendar, on 2nd reading
5/2/2011 Senate • Placed on Consent Calendar, 05/03/11
5/3/2011 Senate • Read 2nd time -SJ 747
• Amendment(s) adopted (108074) -SJ 747
• Substituted CS/CS/CS/HB 599 -SJ 747
• Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 599 (Ch. 2011-170) -SJ 747