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The Florida Senate

SB 590: State Board of Administration

GENERAL BILL by Leek

State Board of Administration; Revising the federal regulations that apply to the statement of fiduciary standards and responsibilities for the Florida Retirement System Investment Plan; revising the timeframe after which third-party administrators or duly authorized agents of the board are required to cancel financial instruments issued for a specified purpose; authorizing the board to invest no more than a specified percentage in investments that comply with a specified fiduciary standard, etc.

Effective Date: 7/1/2025
Last Action: 2/10/2025 Senate - Filed
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/10/2025 Senate • Filed

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  • SB 590, Original Filed Version (Current Bill Version) Posted 2/10/2025 at 4:15 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 529 State Board of Administration Anderson Identical Last Action: 2/11/2025 H Filed

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Florida Retirement System Investment Plan. Page 1 (pdf)
    121.591 Payment of benefits. Page 3 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 20 (pdf)

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