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FL S0880
Bill
Status
Introduced
11/8/2011
Primary Sponsor
Jeremy Ring
Click for details
AI Summary
- Increases the maximum percentage of state funds that may be invested in alternative investments from 10 percent to 20 percent of any fund
- Expands the definition of alternative investments to include participation in alternative investment vehicles as defined in section 215.4401(3)(a)
- Allows investment in securities or investments that are not publicly traded and not otherwise authorized by other investment provisions
- Effective date: July 1, 2012
Legislative Description
State Investments
Last Action
Laid on Table, refer to CS/HB 1417 -SJ 882
3/6/2012
Committee Referrals
Budget1/31/2012
Governmental Oversight and Accountability12/6/2011
Full Bill Text
No bill text available