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 Event: 03/04/24 S Laid on Table, refer to HB 7071 -SJ 646 on Monday, March 4, 2024 6:04 PM

PCB committee actions:

  • SPB 7060 recommended by:
    Governmental Oversight and Accountability
    • On agenda for: 02/06/24   3:00 PM
    • Submitted as Committee Bill and Reported Favorably (final action) Votes: Yeas 6   Nays 0

Referred Committees and Committee Actions

Senate Referrals

  • Fiscal Policy
    • On agenda for: 02/22/24 12:00 PM
    • Favorable (final action) Votes: Yeas 15   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: HB 7071 Subject: Foreign Investments by the State Board of Administration Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Fiscal Policy 2/23/2024 1:29:28 PM
Chamber: Senate Committee: Fiscal Policy 2/20/2024 2:18:39 PM
Chamber: Senate Committee: Governmental Oversight and Accountability 2/7/2024 4:06:27 PM
Chamber: Senate Committee: Governmental Oversight and Accountability 2/5/2024 2:51:22 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, refer to HB 7071 -SJ 646 Time: 03/04/2024 - 6:04 PM Member: Committee: Version: __
Event: S Substituted HB 7071 -SJ 646 Time: 03/04/2024 - 6:04 PM Member: Committee: Version: __
Event: S Read 2nd time -SJ 646 Time: 03/04/2024 - 6:00 PM Member: Committee: Version: __
Event: S Placed on Special Order Calendar, 03/04/24 Time: 02/29/2024 - 4:53 PM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading Time: 02/23/2024 - 1:47 PM Member: Committee: Fiscal Policy Version: __
Event: S Favorable by- Fiscal Policy; YEAS 15 NAYS 0 Time: 02/22/2024 - 8:03 PM Member: Committee: Fiscal Policy Version: __
Event: S On Committee agenda-- Fiscal Policy, 02/22/24, 12:00 pm, 412 Knott Building Time: 02/19/2024 - 3:07 PM Member: Committee: Fiscal Policy Version: __
Event: S Introduced Time: 02/08/2024 - 9:48 PM Member: Committee: Version: __
Event: S Referred to Fiscal Policy Time: 02/07/2024 - 5:58 PM Member: Committee: Fiscal Policy Version: __
Event: S Filed Time: 02/07/2024 - 4:18 PM Member: Committee: Version: __
Event: S Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 6 NAYS 0 Time: 02/06/2024 - 7:51 PM Member: Committee: Governmental Oversight and Accountability Version: pb
Event: S On Committee agenda-- Governmental Oversight and Accountability, 02/06/24, 3:00 pm, 37 Senate Building Time: 02/01/2024 - 6:13 PM Member: Committee: Governmental Oversight and Accountability Version: pb
Event: S Submitted for consideration by Governmental Oversight and Accountability Time: 02/01/2024 - 5:57 PM Member: Committee: Governmental Oversight and Accountability Version: pb

Statutes Referenced by this Bill

Statute Other Bill Citations
215.47 HB 1013, SB 1028, HB 7071
215.4735 HB 7071