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.
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
- Fiscal Policy (FP)
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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
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SB 7060, Original Filed Version (Current Bill Version) Posted 2/7/2024 at 4:17 PM
Bill Text: Web Page | PDF Analyses: Fiscal Policy (Pre-Meeting) 2/20/2024 (pdf)
Fiscal Policy (Post-Meeting) 2/23/2024 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7071 (er) Foreign Investments by the State Board of Administration State Affairs Committee Identical Last Action: 5/16/2024 Chapter No. 2024-187 
Committee Votes (1)
Date Committee Result 2/22/2024 12:00 PM Fiscal Policy 15 Yeas - 0 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 215.47 Investments; authorized securities; loan of securities. Page 1 (pdf) 215.4735 Page 3 (pdf) -
SPB 7060, Proposed Bill Posted 2/5/2024 at 2:46 PM
Bill Text: Web Page | PDF Analyses: Governmental Oversight and Accountability (Pre-Meeting) 2/5/2024 (pdf)
Governmental Oversight and Accountability (Post-Meeting) 2/7/2024 (pdf)
Committee Votes (1)
Date Committee Result 2/6/2024 3:00 PM Governmental Oversight and Accountability 6 Yeas - 0 Nays