SB 7060: Foreign Investments by the State Board of Administration
GENERAL BILL by Governmental Oversight and Accountability
Foreign Investments by the State Board of Administration; Prohibiting the State Board of Administration from acquiring, on behalf of the Florida Retirement System Trust Fund, direct holdings in Chinese companies; requiring the board to initiate a review of its direct holdings to make a specified determination by a specified date; requiring the board to develop a certain divestment plan for such holdings by a specified date; requiring the board to divest from such holdings according to the required plan by a specified date, etc.
Effective Date: Upon becoming a law
Last Action: 3/4/2024 Senate - Laid on Table, companion bill(s) passed, see HB 7071 (Ch. 2024-187) -SJ 646
Bill Text: Web Page | PDF
Last Action: 3/4/2024 Senate - Laid on Table, companion bill(s) passed, see HB 7071 (Ch. 2024-187) -SJ 646
Bill Text: Web Page | PDF
Senate Committee References:
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/1/2024 | Senate |
• Submitted for consideration by Governmental Oversight and Accountability • On Committee agenda-- Governmental Oversight and Accountability, 02/06/24, 3:00 pm, 37 Senate Building |
| 2/6/2024 | Senate |
• Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 6 NAYS 0 |
| 2/7/2024 | Senate |
• Filed • Referred to Fiscal Policy |
| 2/8/2024 | Senate |
• Introduced |
| 2/19/2024 | Senate |
• On Committee agenda-- Fiscal Policy, 02/22/24, 12:00 pm, 412 Knott Building |
| 2/22/2024 | Senate |
• Favorable by- Fiscal Policy; YEAS 15 NAYS 0 |
| 2/23/2024 | Senate |
• Placed on Calendar, on 2nd reading |
| 2/29/2024 | Senate |
• Placed on Special Order Calendar, 03/04/24 |
| 3/4/2024 | Senate |
• Read 2nd time -SJ 646 • Substituted HB 7071 -SJ 646 • Laid on Table, companion bill(s) passed, see HB 7071 (Ch. 2024-187) -SJ 646 |
