Foreign Investments by the State Board of Administration
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 status
signed
all 5 stages cleared
Introduction
Feb 2024
Committee Review
Mar 2024
House Passage
Mar 2024
Senate Passage
Mar 2024
Signed into Law
May 2024
Introduced Feb 15, 2024
Signed May 15, 2024
Floor votes · Senate Mar 4, 2024 · House Mar 4, 2024
How they voted
39–0
Passed · 1 other
Total votes 40
Mar 4, 2024
D
Democratic11
100% Yea
I
Independent1
100% Yea
R
Republican28
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
3
Committee
2
May 15, 2024
Signed into law
Approved by Governor
legislature
Mar 4, 2024
Upper · Passed
Passed; YEAS 39 NAYS 0
upper
Mar 4, 2024
Committee
Referred to Fiscal Policy
upper
Mar 4, 2024
Lower · Passed
Passed; YEAS 111, NAYS 0
lower
Feb 16, 2024
Committee
Bill referred to House Calendar
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike Caruso
RRepublican
Co
Jim Mooney
RRepublican
Co
JL
Johanna López
DDemocratic
Co
Rick Roth
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 7071
Scope: FL
Hi! I can help you understand HB 7071. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline