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CS/CS/SB 110: State Board of Administration

GENERAL BILL by Appropriations ; Governmental Oversight and Accountability ; Hooper

State Board of Administration; Prohibiting the State Board of Administration from paying benefits to a Florida Retirement System investment plan member convicted of specified felonies; authorizing the state board to develop investment products to be offered in the investment plan; revising the types of investments in real property and related personal property which the state board may invest in; requiring the public fund to notify companies it places on the Scrutinized Companies that Boycott Israel List that they may be subject to divestment, etc.

Effective Date: 5/24/2023
Last Action: 5/25/2023 - Chapter No. 2023-111
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    12/28/2022 Senate • Filed
    1/4/2023 Senate • Referred to Governmental Oversight and Accountability; Banking and Insurance; Appropriations
    3/2/2023 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/07/23, 4:00 pm, 37 Senate Building
    3/7/2023 Senate • Introduced
    • CS by Governmental Oversight and Accountability; YEAS 5 NAYS 3
    3/9/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Original reference(s) removed: Banking and Insurance
    • Remaining references corrected to Appropriations
    • Now in Appropriations
    3/14/2023 Senate • CS by Governmental Oversight and Accountability read 1st time
    4/10/2023 Senate • On Committee agenda-- Appropriations, 04/13/23, 10:30 am, 110 Senate Building
    4/13/2023 Senate • CS/CS by- Appropriations; YEAS 19 NAYS 0
    4/17/2023 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading
    4/18/2023 Senate • CS/CS by Appropriations read 1st time
    4/24/2023 Senate • Placed on Special Order Calendar, 04/26/23
    4/26/2023 Senate • Read 2nd time -SJ 473
    • Amendment(s) adopted (206704) -SJ 473
    • Read 3rd time -SJ 474
    • CS passed as amended; YEAS 40 NAYS 0 -SJ 474
    4/26/2023 House • In Messages
    4/28/2023 House • Bill referred to House Calendar
    • Bill added to Special Order Calendar (5/1/2023)
    • 1st Reading (Engrossed 1)
    5/1/2023 House • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    5/2/2023 House • Read 3rd time
    • CS passed; YEAS 119, NAYS 0
    5/2/2023 Senate • Ordered enrolled
    5/16/2023 • Signed by Officers and presented to Governor
    5/24/2023 • Approved by Governor
    5/25/2023 • Chapter No. 2023-111

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  • CS/CS/SB 110, Enrolled (Current Bill Version) Posted 5/2/2023 at 5:00 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1139 (c2) State Board of Administration Constitutional Rights, Rule of Law & Government Operations Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 15 (pdf)
    121.091 Benefits payable under the system. Page 3 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 4 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 6 (pdf)
    215.4725 Prohibited investments by the State Board of Administration; companies that boycott Israel. Page 9 (pdf)
    420.503 Definitions. Page 16 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 16 (pdf)

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  • CS/CS/SB 110, Engrossed 1 Posted 4/26/2023 at 11:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1139 (c2) State Board of Administration Constitutional Rights, Rule of Law & Government Operations Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

    Floor Votes (1)

    Date Chamber Result
    5/2/2023 3:56 PM House 119 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 15 (pdf)
    121.091 Benefits payable under the system. Page 3 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 4 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 6 (pdf)
    215.4725 Prohibited investments by the State Board of Administration; companies that boycott Israel. Page 9 (pdf)
    420.503 Definitions. Page 16 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 16 (pdf)

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  • CS/CS/SB 110, Committee Substitute 2 Posted 4/17/2023 at 3:31 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1139 (c2) State Board of Administration Constitutional Rights, Rule of Law & Government Operations Subcommittee Similar Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    206704 - Amendment
    Delete lines 262 - 350 and insert:
    Hooper 4/25/2023
    9:55 AM
    Senate: Adopted
    4/26/2023
    Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/26/2023 10:32 AM Senate 40 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 15 (pdf)
    121.091 Benefits payable under the system. Page 2 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 4 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 5 (pdf)
    215.4725 Prohibited investments by the State Board of Administration; companies that boycott Israel. Page 9 (pdf)
    420.503 Definitions. Page 16 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 16 (pdf)

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  • CS/SB 110, Committee Substitute 1 Posted 3/9/2023 at 9:00 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations (Pre-Meeting) 4/12/2023 (pdf)
    Appropriations (Post-Meeting) 4/17/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1139 (c1) State Board of Administration Constitutional Rights, Rule of Law & Government Operations Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    356102 - Amendment
    Between lines 247 and 248 insert:
    Appropriations
    (Hooper)
    4/12/2023
    10:37 AM
    Replaced by Committee Substitute
    4/13/2023
    Web Page
    PDF
    hierarchy 422028 - Amendment to Amendment (356102)
    Delete lines 104 - 174 and insert:
    Appropriations
    (Hooper)
    4/13/2023
    9:19 AM
    Replaced by Committee Substitute
    4/13/2023
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/13/2023 10:30 AM Appropriations 19 Yeas - 0 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 8 (pdf)
    121.091 Benefits payable under the system. Page 2 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 4 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 5 (pdf)
    420.503 Definitions. Page 9 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 9 (pdf)

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  • SB 110, Original Filed Version Posted 12/28/2022 at 9:48 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 3/6/2023 (pdf)
    Governmental Oversight and Accountability PCS 133236 (Pre-Meeting) 3/6/2023 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 3/8/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1139 State Board of Administration Constitutional Rights, Rule of Law & Government Operations Subcommittee Compare Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    133236 - Proposed Committee Substitute Governmental Oversight and Accountability 3/3/2023
    10:05 AM
    Replaced by Committee Substitute
    3/7/2023
    Web Page
    PDF
    hierarchy 779990 - Amendment (133236)
    Delete lines 170 - 196 and insert:
    Governmental Oversight and Accountability
    (Hooper)
    3/6/2023
    2:00 PM
    Replaced by Committee Substitute
    3/7/2023
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/7/2023 4:00 PM Governmental Oversight and Accountability 5 Yeas - 3 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 7 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 1 (pdf)
    218.409 Administration of the trust fund. Page 7 (pdf)
    420.503 Definitions. Page 8 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 8 (pdf)

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