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Glossary of Legislative Terms

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, refer to HB 7071 -SJ 646
Bill Text: Web Page | PDF
Senate Committee References:
  1. 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, refer to HB 7071 -SJ 646