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Glossary of Legislative Terms

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

    Date Chamber Action
    2/24/2023 House • Filed
    3/6/2023 House • Referred to Constitutional Rights, Rule of Law & Government Operations Subcommittee
    • Referred to Appropriations Committee
    • Referred to State Affairs Committee
    • Now in Constitutional Rights, Rule of Law & Government Operations Subcommittee
    3/7/2023 House • 1st Reading (Original Filed Version)
    3/20/2023 House • Added to Constitutional Rights, Rule of Law & Government Operations Subcommittee agenda
    3/22/2023 House • Favorable with CS by Constitutional Rights, Rule of Law & Government Operations Subcommittee
    3/23/2023 House • Reported out of Constitutional Rights, Rule of Law & Government Operations Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • 1st Reading (Committee Substitute 1)
    3/24/2023 House • Original reference removed: Appropriations Committee
    • Referred to State Affairs Committee
    • Now in State Affairs Committee
    4/17/2023 House • Added to State Affairs Committee agenda
    4/19/2023 House • Favorable with CS by State Affairs Committee
    4/20/2023 House • Reported out of State Affairs Committee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    4/21/2023 House • 1st Reading (Committee Substitute 2)
    • Bill referred to House Calendar
    • Added to Second Reading Calendar
    5/1/2023 House • Laid on Table; companion bill(s) passed, see CS/CS/SB 110 (Ch. 2023-111)

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

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 110 (er) State Board of Administration Hooper Identical Last Action: 5/25/2023 Chapter No. 2023-111 Track This Bill

    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 5 (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 10 (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/HB 1139, Committee Substitute 1 Posted 3/23/2023 at 1:28 PM

    Bill Text:   PDF
    Analyses:   State Affairs Committee (Post-Meeting) 4/20/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 110 (c2) State Board of Administration Hooper Similar Last Action: 5/25/2023 Chapter No. 2023-111 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    000441 - Amendment
    Between lines 227 and 228, insert:     		Stevenson 4/18/2023
    5:07 PM     		Adopted without Objection
    4/19/2023     		PDF

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    112.661 Investment policies. Page 10 (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)
    420.503 Definitions. Page 11 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 11 (pdf)

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

    Bill Text:   PDF
    Analyses:   Constitutional Rights, Rule of Law & Government Operations Subcommittee (Post-Meeting) 5/31/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 110 (c1) State Board of Administration Hooper Similar Last Action: 5/25/2023 Chapter No. 2023-111 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    349599 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Stevenson 3/21/2023
    5:00 PM     		Adopted without Objection
    3/22/2023     		PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    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 6 (pdf)

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