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CS/CS/HB 1139: State Board of Administration

GENERAL BILL by State Affairs Committee ; Constitutional Rights, Rule of Law & Government Operations Subcommittee ; Stevenson ; (CO-INTRODUCERS) Mooney

State Board of Administration; Specifies when SBA may not pay certain benefits; authorizes SBA to develop investment products; modifies procedures for designation of beneficiaries; revises investments which SBA may make; authorizes SBA & affiliated entities to issue securities, borrow moneys & use proceeds of loans or financing obligations as loans or sources of funding; revises types of funds in which state may invest; revises provisions related to boycott Israel & scrutinized companies; revises amount of funds which may be invested in alternative investments.

Effective Date: upon becoming a law
Last Action: 5/1/2023 House - Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)
Bill Text: PDF

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  • Bill History

  • CS/CS/HB 1139, Committee Substitute 2 (Current Bill Version) Posted 4/20/2023 at 6:33 PM

  • CS/HB 1139, Committee Substitute 1 Posted 3/23/2023 at 1:28 PM

  • HB 1139, Original Filed Version Posted 2/24/2023 at 11:56 AM