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Bill > S0070


FL S0070

FL S0070
State Investments


summary

Introduced
08/09/2017
In Committee
08/28/2017
Crossed Over
Passed
Dead
03/10/2018

Introduced Session

2018 Regular Session

Bill Summary

Requiring the State Board of Administration to divest investments of any institution or company doing business with the government of Venezuela; prohibiting the State Board of Administration and state agencies from investing in any institution or company that does business with or invests in the government of Venezuela; authorizing the Governor to waive the investment prohibitions if certain conditions exist, etc.

AI Summary

This bill requires the State Board of Administration to divest any investments in institutions or companies doing business with the government of Venezuela. It also prohibits the State Board of Administration and state agencies from investing in any institution or company that does business with or invests in the government of Venezuela. However, the Governor can waive these investment prohibitions if there is a collapse of the existing regime in Venezuela and there is a need for immediate aid or for humanitarian reasons after a natural disaster.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Died in Governmental Oversight and Accountability (on 03/10/2018)

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