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FL H1417
Bill
Status
Engrossed
2/29/2012
Primary Sponsor
Government Operations Subcommittee
Click for details
AI Summary
- Amends section 215.47, Florida Statutes, regarding State Board of Administration investment authority
- Increases the cap on alternative investments from 10 percent to 20 percent of any fund in the aggregate
- Allows investments through alternative investment vehicles and in non-publicly traded securities as defined in section 215.4401(3)(a)
- Takes effect July 1, 2012
Legislative Description
State Investments
Last Action
Ordered enrolled -HJ 1178
3/7/2012
Committee Referrals
State Affairs2/16/2012
Finance And Tax2/8/2012
Government Operations Subcommittee1/12/2012
Full Bill Text
No bill text available