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The Florida Senate

HB 7071: Foreign Investments by the State Board of Administration

GENERAL BILL by State Affairs Committee ; Caruso ; (CO-INTRODUCERS) López, J. ; Mooney ; Roth

Foreign Investments by the State Board of Administration; Prohibits SBA from acquiring certain holdings on behalf of specified entity; requires board to initiate review of direct holdings; requires board to develop divestment plan & divest of certain holdings.

Effective Date: 5/15/2024
Last Action: 5/16/2024 - Chapter No. 2024-187
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)



Bill History

Date Chamber Action
2/15/2024 House • Filed
• 1st Reading (Original Filed Version)
2/16/2024 House • Bill referred to House Calendar
• Added to Second Reading Calendar
2/27/2024 House • Bill added to Special Order Calendar (3/1/2024)
3/1/2024 House • Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
3/4/2024 House • Read 3rd time
• Passed; YEAS 111, NAYS 0
3/4/2024 Senate • In Messages
• Referred to Fiscal Policy
• Withdrawn from Fiscal Policy -SJ 646
• Placed on Calendar, on 2nd reading
• Substituted for SB 7060 -SJ 646
• Received
• Read 2nd time -SJ 646
• Read 3rd time -SJ 646
• Passed; YEAS 39 NAYS 0 -SJ 646
3/4/2024 House • In Messages
• Ordered enrolled
4/30/2024 • Signed by Officers and presented to Governor
5/15/2024 • Approved by Governor
5/16/2024 • Chapter No. 2024-187