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.
Senate Committee References:
- Fiscal Policy (FP)
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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• Withdrawn from Fiscal Policy -SJ 646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
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HB 7071, Enrolled (Current Bill Version) Posted 3/5/2024 at 8:27 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 7060 Foreign Investments by the State Board of Administration Governmental Oversight and Accountability Identical Last Action: 3/4/2024 S Laid on Table, companion bill(s) passed, see HB 7071 (Ch. 2024-187) -SJ 646 
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) -
HB 7071, Original Filed Version Posted 2/15/2024 at 8:52 AM
Bill Text: PDF Analyses: State Affairs Committee (Post-Meeting) 5/16/2024 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 7060 Foreign Investments by the State Board of Administration Governmental Oversight and Accountability Identical Last Action: 3/4/2024 S Laid on Table, companion bill(s) passed, see HB 7071 (Ch. 2024-187) -SJ 646
Floor Votes (2)
Date Chamber Result 3/4/2024 12:19 PM House 111 Yeas - 0 Nays 3/4/2024 6:11 PM Senate 39 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)