Florida 2025 Regular Session Status: Passed Senate 1 R cosponsors

SM 1488 — United States Sovereign Wealth Fund

Last action — Signed by Officers and filed with Secretary of State

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

This bill died with 2025 Regular Session. It reached “Passed Senate” 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.

Signed by Governor Ron DeSantis (Republican) on June 18, 2025.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment.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

Summary

United States Sovereign Wealth Fund; Urging Congress to establish a framework for a sovereign wealth fund for the United States, etc.

Bill Text

What changed in the latest version

7 added · 6 removed

7 line(s) added, 6 removed.

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Florida Senate - 2025 SM 1488 By Senator Avila 39-00643C-25 20251488__ Senate Memorial A memorial to the Congress of the United States, urging Congress to establish a framework for a sovereign wealth fund for the United States.
ENROLLED Legislature SM 1488 20251488er 2 A memorial to the Congress of the United States, urging Congress to establish a framework for a sovereign wealth fund for the United States.
Florida Senate - 2025 SM 1488 39-00643C-25 20251488__ directed to dispatch copies of this memorial to the President of the United States, to the President of the United States Senate, to the Speaker of the United States House of Representatives, and to each member of the Florida delegation to the Congress of the United States.
ENROLLED Legislature SM 1488 20251488er directed to dispatch copies of this memorial to the President of the United States, to the President of the United States Senate, to the Speaker of the United States House of Representatives, and to each member of the Florida delegation to the Congress of the United States.
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Action History

  1. Signed by Officers and filed with Secretary of State

  2. Ordered enrolled

  3. Adopted

  4. Read 2nd time

  5. 1st Reading (Original Filed Version)

  6. Bill added to Special Order Calendar (4/29/2025)

  7. Bill referred to House Calendar

  8. In Messages

  9. Immediately certified

  10. Adopted

  11. Read 2nd time

  12. Placed on Special Order Calendar, 04/03/25

  13. Placed on Calendar, on 2nd reading

  14. Favorable by- Rules; YEAS 20 NAYS 4

  15. On Committee agenda-- Rules, 03/26/25, 9:00 am, 412 Knott Building

  16. Now in Rules

  17. Favorable by Commerce and Tourism; YEAS 6 NAYS 3

  18. On Committee agenda-- Commerce and Tourism, 03/17/25, 1:30 pm, 110 Senate Building

  19. Introduced

  20. Referred to Commerce and Tourism; Rules

  21. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on · 6 voted No

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

Show all 163 →

"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

Favorable

Passed 20 Yea · 4 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 17001
Unaffiliated 1000
No Party Affiliation 1000
Democrat 1400
Total 20401
% of votes cast 80%16%0%4%
How each member voted (25)
Member Party Vote
Ingoglia — Yea
Berman, Lori Democrat Nay
Davis, Tracie Democrat Nay
Jones, Shevrin D. "Shev" Democrat Nay
Osgood, Rosalind Democrat Nay
Rouson, Darryl Ervin Democrat Yea
Pizzo, Jason W. B. No Party Affiliation Yea
Boyd, Jim Republican Yea
Bradley, Jennifer Republican Yea
Brodeur, Jason Republican Yea
Burgess, Danny Republican Yea
Burton, Colleen Republican Yea
DiCeglie, Nick Republican Yea
Gaetz, Don Republican Yea
Garcia, Ileana Republican Yea
Gruters, Joe Republican Yea
Harrell, Gayle Republican Yea
Hooper, Ed Republican Yea
Martin, Jonathan Republican Yea
Passidomo, Kathleen Republican Yea
Rodriguez, Ana Maria Republican Yea
Simon, Corey Republican Yea
Trumbull, Jay Republican Not Voting
Vacant Republican Yea
Wright, Tom A. Republican Yea

Official roll call →

Favorable

Passed 6 Yea · 3 Nay
Party YeaNayPresentNot Voting
Republican 6000
Democrat 0300
Total 6300
% of votes cast 67%33%0%0%
How each member voted (9)
Member Party Vote
Arrington, Kristen Aston Democrat Nay
Davis, Tracie Democrat Nay
Smith, Carlos Guillermo Democrat Nay
DiCeglie, Nick Republican Yea
Gruters, Joe Republican Yea
Leek, Thomas J. "Tom" Republican Yea
McClain, Stan Republican Yea
Wright, Tom A. Republican Yea
Yarborough, Clay Republican Yea

Official roll call →

Subjects

finance
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 SM 1488 do?
United States Sovereign Wealth Fund; Urging Congress to establish a framework for a sovereign wealth fund for the United States, etc.
Who sponsors SM 1488?
SM 1488 is sponsored by Vacant (Republican).
What is the current status of SM 1488?
This bill died with 2025 Regular Session. It reached “Passed Senate” 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 SM 1488?
Track SM 1488 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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