Loading chat...
FL H4049
Bill
Status
Introduced
1/7/2016
Primary Sponsor
Neil Combee
Click for details
AI Summary
- Amends section 215.473, Florida Statutes to revise conditions under which the State Board of Administration ceases scrutiny of companies with Iran petroleum energy sector activities
- Public fund shall no longer scrutinize such companies or maintain the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List if any of three conditions occur
- Conditions for ending scrutiny include: Congress or President certifies Iran has ceased acquiring weapons of mass destruction and supporting international terrorism; United States revokes all sanctions against Iran; or Congress or President declares mandatory divestment interferes with U.S. foreign policy
- Public fund may reinvest in previously scrutinized companies if they do not meet criteria for inclusion in the Scrutinized Companies with Activities in Sudan List
- Effective date is July 1, 2016
Legislative Description
Scrutinized Companies
Last Action
Laid on Table, companion bill(s) passed, see SB 7028 (Ch. 2016-215)
3/7/2016
Committee Referrals
State Affairs2/17/2016
Appropriations1/26/2016
Government Operations Subcommittee1/13/2016
Full Bill Text
No bill text available