Bill
Bill > S0538
summary
Introduced
10/17/2017
10/17/2017
In Committee
11/02/2017
11/02/2017
Crossed Over
Passed
Dead
03/11/2018
03/11/2018
Introduced Session
2018 Regular Session
Bill Summary
Requiring the State Board of Administration to divest investments, and prohibiting it from investment, in any institution or company or subsidiary of a company domiciled in the United States which does business in or with the government of Venezuela or its agencies or instrumentalities in violation of federal law; authorizing the Governor to waive such requirements under certain circumstances, etc.
AI Summary
This bill requires the State Board of Administration to divest investments and prohibit new investments in any U.S. company or subsidiary that does business with the government of Venezuela in violation of federal law. The Governor can waive these requirements in the event of a collapse of the Venezuelan government or for other humanitarian reasons. The bill also prohibits state agencies from investing in any U.S. financial institution or company that makes loans, extends credit, or trades goods or services with the Venezuelan government in violation of federal law, with the Governor able to waive this prohibition under similar circumstances.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (33)
René García (R)*,
Dennis Baxley (R),
Aaron Bean (R),
Lizbeth Benacquisto (R),
Lauren Book (D),
Randolph Bracy (D),
Oscar Braynon (D),
Daphne Campbell (D),
Gary Farmer (D),
Anitere Flores (R),
Bill Galvano (R),
Audrey Gibson (D),
Denise Grimsley (R),
Dorothy Hukill (R),
Tom Lee (R),
Debbie Mayfield (R),
Bill Montford (D),
Joe Negron (R),
Kathleen Passidomo (R),
Keith Perry (R),
Bobby Powell (D),
Kevin Rader (D),
José Javier Rodríguez (D),
Darryl Rouson (D),
David Simmons (R),
Wilton Simpson (R),
Kelli Stargel (R),
Greg Steube (R),
Linda Stewart (D),
Annette Taddeo (D),
Perry Thurston (D),
Victor Torres (D),
Dana Young (R),
Last Action
Laid on Table, refer to HB 359 (on 03/07/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2018/538 |
| BillText | http://www.flsenate.gov/Session/Bill/2018/538/BillText/Filed/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2018/538/BillText/Filed/PDF |
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