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FL S1428
Bill
Status
1/6/2016
Primary Sponsor
David Simmons
Click for details
AI Summary
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Creates section 215.4702 to encourage the State Board of Administration to identify publicly traded companies operating in Northern Ireland in which the Florida Retirement System Trust Fund is invested.
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Defines "MacBride Principles" as nine employment fairness objectives for Northern Ireland companies, including increasing religious minority representation, providing workplace security, removing discriminatory practices, and developing training programs.
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Directs the state board to notify qualifying companies of support for MacBride Principles, inquire about their adoption efforts, and encourage implementation of fair employment practices through proxy voting authority.
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Authorizes the state board to rely on public information from nonprofits, research firms, international organizations, and government entities when determining which companies operate in Northern Ireland.
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Provides liability protection for the state board, exempting it from legal action regarding administration of this section.
Legislative Description
State Investments
Last Action
Died on Calendar, companion bill(s) passed, see SB 7028 (Ch. 2016-215)
3/11/2016