Florida 2024 Regular Session Status: Enacted Bipartisan · 1 D · 1 R cosponsors

HB 7071 — Foreign Investments by the State Board of Administration

Last action — Chapter No. 2024-187

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 15, 2024. Enacted.

Signed by Governor Ron DeSantis (Republican) on May 15, 2024.

Prognosis

Likely to advance 96% · high confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 5 sponsors

    2 primary, 3 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 D · 1 R) — cross-party backing.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

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.

Bill Text

What changed in the latest version

16 added · 11 removed

16 line(s) added, 11 removed.

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB7071 2024 A bill to be entitled An act relating to foreign investments by the State Board of Administration;
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED HB7071 2024Legislature 2 An act relating to foreign investments by the State Board of Administration;
hb7071-00 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB7071 2024 fund, moneys available for investments under ss.
hb7071-01-er F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED HB7071 2024Legislature fund, moneys available for investments under ss.
hb7071-00 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB7071 2024 a plan solely in the interest of its participants and beneficiaries.
hb7071-01-er F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED HB7071 2024Legislature a plan solely in the interest of its participants and beneficiaries.
hb7071-00 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB7071 2024 for the purpose of making a profit.
hb7071-01-er F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED HB7071 2024Legislature for the purpose of making a profit.
hb7071-00 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB7071 2024 any, include securities of a Chinese company.
hb7071-01-er F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED HB7071 2024Legislature any, include securities of a Chinese company.
hb7071-00
hb7071-01-er
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Action History

  1. Chapter No. 2024-187

  2. Approved by Governor

  3. Signed by Officers and presented to Governor

  4. Ordered enrolled

  5. In Messages

  6. Passed; YEAS 39 NAYS 0

  7. Read 3rd time

  8. Read 2nd time

  9. Received

  10. Substituted for SB 7060

  11. Placed on Calendar, on 2nd reading

  12. Withdrawn from Fiscal Policy

  13. Referred to Fiscal Policy

  14. In Messages

  15. Passed; YEAS 111, NAYS 0

  16. Read 3rd time

  17. Added to Third Reading Calendar

  18. Placed on 3rd reading

  19. Read 2nd time

  20. Bill added to Special Order Calendar (3/1/2024)

  21. Added to Second Reading Calendar

  22. Bill referred to House Calendar

  23. 1st Reading (Original Filed Version)

  24. Filed

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

2 sponsors · 3 co-sponsors · 159 not signed on

Sponsors (2)

  • State Affairs Committee
  • Caruso

Co-sponsors (3)

Not signed on (159)

159 members have not signed on to this bill.

Show all 159 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 39 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 22000
Democrat 6000
Unaffiliated 10001
No Party Affiliation 1000
Total 39001
% of votes cast 98%0%0%3%
How each member voted (40)
Member Party Vote
Powell — Yea
Baxley — Yea
Book — Yea
Stewart — Yea
Hutson — Yea
Ingoglia — Yea
Torres — Yea
Collins — Yea
Perry — Yea
Broxson — Not Voting
Thompson, Geraldine F. "Geri" — Yea
Berman, Lori Democrat Yea
Davis, Tracie Democrat Yea
Jones, Shevrin D. "Shev" Democrat Yea
Osgood, Rosalind Democrat Yea
Polsky, Tina Scott Democrat Yea
Rouson, Darryl Ervin Democrat Yea
Pizzo, Jason W. B. No Party Affiliation Yea
Albritton, Ben Republican Yea
Boyd, Jim Republican Yea
Bradley, Jennifer Republican Yea
Brodeur, Jason Republican Yea
Burgess, Danny Republican Yea
Burton, Colleen Republican Yea
Calatayud, Alexis Republican Yea
DiCeglie, Nick Republican Yea
Garcia, Ileana Republican Yea
Grall, Erin Republican Yea
Gruters, Joe Republican Yea
Harrell, Gayle Republican Yea
Hooper, Ed Republican Yea
Martin, Jonathan Republican Yea
Mayfield, Debbie Republican Yea
Passidomo, Kathleen Republican Yea
Rodriguez, Ana Maria Republican Yea
Simon, Corey Republican Yea
Trumbull, Jay Republican Yea
Vacant Republican Yea
Wright, Tom A. Republican Yea
Yarborough, Clay Republican Yea

Official roll call →

Passage, Third Reading

Passed 111 Yea · 0 Nay · 9 Other
Party YeaNayPresentNot Voting
Republican 64002
Democrat 26003
Unaffiliated 21004
Total 111009
% of votes cast 93%0%0%8%
How each member voted (120)
Member Party Vote
Altman — Yea
Payne — Yea
Fine — Yea
Renner — Yea
Roach — Yea
Beltran — Yea
Rommel — Yea
Benjamin — Yea
Roth — Yea
Rudman — Yea
Silvers — Yea
Keen — Yea
Killebrew — Yea
Stevenson — Yea
Caruso — Yea
Temple — Yea
Tomkow — Yea
Clemons — Yea
Waldron — Yea
Williams — Yea
Amesty — Not Voting
Bell — Not Voting
Grant — Not Voting
Casello — Not Voting
Lopez, V. — Yea
Antone, Bruce Hadley Democrat Yea
Arrington, Kristen Aston Democrat Yea
Bartleman, Robin Democrat Yea
Bracy Davis, LaVon Democrat Yea
Campbell, Daryl Democrat Yea
Chambliss, Kevin D. Democrat Yea
Cross, Lindsay Democrat Yea
Daley, Dan Democrat Yea
Daniels, Kimberly Democrat Not Voting
Driskell, Fentrice Democrat Yea
Dunkley, Lisa Democrat Yea
Edmonds, Jervonte "Tae" Democrat Yea
Eskamani, Dr. Anna V. Democrat Yea
Franklin II, Gallop Democrat Yea
Gantt, Ashley Viola Democrat Yea
Gottlieb, Michael "Mike" Democrat Yea
Gregory, Emily Democrat Yea
Harris, Jennifer "Rita" Democrat Yea
Hart-Lowman, Dianne "Ms Dee" Democrat Yea
Hinson, Yvonne Hayes Democrat Yea
Hunschofsky, Christine Democrat Yea
Joseph, Dotie Democrat Not Voting
López, Johanna Democrat Yea
Nixon, Angela "Angie" Democrat Yea
Rayner, Michele K. Democrat Yea
Robinson, Felicia Simone Democrat Yea
Skidmore, Kelly Democrat Not Voting
Tant, Allison Democrat Yea
Woodson, Marie Paule Democrat Yea
Abbott, Shane G. Republican Yea
Alvarez, Daniel Antonio "Danny" Republican Yea
Anderson, Adam Republican Yea
Andrade, Robert Alexander "Alex" Republican Yea
Baker, Jessica Republican Yea
Bankson, Douglas Michael "Doug" Republican Yea
Barnaby, Webster Republican Yea
Basabe, Fabián Republican Yea
Berfield, Kimberly Republican Yea
Black, Dean Republican Yea
Borrero, David Republican Yea
Botana, Adam Republican Yea
Brackett, Robert A. "Robbie" Republican Yea
Brannan III, Robert Charles "Chuck" Republican Yea
Buchanan, James Republican Yea
Busatta, Demi Republican Yea
Canady, Jennifer Republican Yea
Cassel, Hillary Republican Yea
Chamberlin, Ryan Republican Yea
Chaney, Linda Republican Not Voting
Duggan, Wyman Republican Yea
Esposito, Tiffany Republican Yea
Fabricio, Tom Republican Yea
Garcia, Ileana Republican Yea
Garrison, Sam Republican Yea
Giallombardo, Mike Republican Yea
Gonzalez Pittman, Karen Republican Yea
Gossett-Seidman, Peggy Republican Yea
Griffitts Jr., Philip Wayne "Griff" Republican Yea
Holcomb, Jeff Republican Yea
Jacques, Berny Republican Yea
Koster, Traci Republican Yea
LaMarca, Chip Republican Yea
Leek, Thomas J. "Tom" Republican Yea
Maggard, Randall Scott "Randy" Republican Yea
Maney, Patt Republican Yea
Massullo, Ralph E., Jr. Republican Yea
McClain, Stan Republican Yea
McClure, Lawrence Republican Yea
McFarland, Fiona Republican Yea
Melo, Lauren Republican Yea
Michael, Kiyan Republican Not Voting
Mooney Jr., James Vernon "Jim" Republican Yea
Overdorf, Tobin Rogers "Toby" Republican Yea
Perez, Daniel Republican Yea
Persons-Mulicka, Jenna Republican Yea
Plakon, Rachel Saunders Republican Yea
Plasencia, Susan Republican Yea
Porras, Juan Carlos Republican Yea
Redondo, Mike Republican Yea
Rizo, Alex Republican Yea
Robinson Jr., William Cloud "Will" Republican Yea
Salzman, Michelle Republican Yea
Shoaf, Jason Republican Yea
Sirois, Tyler I. Republican Yea
Smith, David Republican Yea
Snyder, John Republican Yea
Stark, Paula A. Republican Yea
Steele, Kevin M. Republican Yea
Trabulsy, Dana Republican Yea
Tramont, Chase Republican Yea
Truenow, Keith L. Republican Yea
Tuck, Kaylee Republican Yea
Valdés, Susan L. Republican Yea
Yarkosky, Taylor Michael Republican Yea
Yeager, Bradford Troy "Brad" Republican Yea

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 7071 do?
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.
Who sponsors HB 7071?
HB 7071 is sponsored by State Affairs Committee, Caruso, López, Johanna (Democrat), Mooney Jr., James Vernon "Jim" (Republican), and Roth.
What is the current status of HB 7071?
This bill has been enacted into law. Introduced February 15, 2024. Enacted.
Where can I track HB 7071?
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Last checked for changes 2 months ago · updated continuously

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