Florida 2024 Regular Session Status: Introduced

SPB 7060 — Foreign Investments by the State Board of Administration

Last action — Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 6 NAYS 0

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

This bill died with 2024 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

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.

Bill Text

Action History

  1. Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 6 NAYS 0

  2. On Committee agenda-- Governmental Oversight and Accountability, 02/06/24, 3:00 pm, 37 Senate Building

  3. Submitted for consideration by Governmental Oversight and Accountability

Sponsors

  • Governmental Oversight and Accountability · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

  • Governmental Oversight and Accountability

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

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"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.

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Subjects

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Frequently asked questions

What does SPB 7060 do?
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.
Who sponsors SPB 7060?
SPB 7060 is sponsored by Governmental Oversight and Accountability.
What is the current status of SPB 7060?
This bill died with 2024 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SPB 7060?
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