Legislation: Florida — 2,186 enacted records (OpenStates 2026-07-01)
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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type: "Bill"
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title: "Foreign Investments by the State Board of Administration"
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description: "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."
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jurisdiction: "us/states/fl"
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legislature: "Florida Legislature"
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session: "2024"
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identifier: "HB 7071"
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citation: "Florida HB 7071 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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chapter_law: "2024-187"
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primary_sponsors: ["Caruso"]
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version_count: 2
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action_count: 24
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vote_count: 2
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first_action: "2024-02-15"
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last_action: "2024-05-16"
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source: "openstates"
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source_identifier: "ocd-bill/44db428a-45dc-48d4-a70d-d41188010abe"
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source_url: "https://flsenate.gov/Session/Bill/2024/7071/ByCategory"
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source_hash: "0f3be04b4cbdedee48093ca6305d544a451aa6b548d841648df95220bbe542a4"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-fl"]
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---
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# Florida HB 7071 (2024) — Foreign Investments by the State Board of Administration
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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.
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**Enacted** — Laws of Florida, Chapter 2024-187.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **H 7071 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2024/7071/BillText/Filed/PDF)
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2. **H 7071 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2024/7071/BillText/er/PDF)
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## Votes
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- Third Reading — **39–0** (pass) · upper
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- Passage, Third Reading — **111–0** (pass) · lower
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## Sponsors
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- Caruso — primary (person)
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- State Affairs Committee — primary (organization)
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- López, J. — cosponsor (person)
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- Mooney — cosponsor (person)
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- Roth — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-02-15** Filed `filing`
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- **2024-02-15** 1st Reading (Original Filed Version) `filing, reading-1`
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- **2024-02-16** Bill referred to House Calendar
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- **2024-02-16** Added to Second Reading Calendar
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- **2024-02-27** Bill added to Special Order Calendar (3/1/2024)
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- **2024-03-01** Read 2nd time `reading-2`
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- **2024-03-01** Placed on 3rd reading `reading-3`
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- **2024-03-01** Added to Third Reading Calendar
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- **2024-03-04** Read 3rd time `reading-3`
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- **2024-03-04** Passed; YEAS 111, NAYS 0 `passage`
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- **2024-03-04** In Messages
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- **2024-03-04** Referred to Fiscal Policy `referral-committee`
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- **2024-03-04** Withdrawn from Fiscal Policy `withdrawal`
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- **2024-03-04** Placed on Calendar, on 2nd reading
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- **2024-03-04** Substituted for SB 7060
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- **2024-03-04** Received `enrolled`
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- **2024-03-04** Read 2nd time `reading-2`
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- **2024-03-04** Read 3rd time `reading-3`
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- **2024-03-04** Passed; YEAS 39 NAYS 0 `passage`
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- **2024-03-04** In Messages
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- **2024-03-04** Ordered enrolled `enrolled`
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- **2024-04-30** Signed by Officers and presented to Governor `executive-receipt`
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- **2024-05-15** Approved by Governor `executive-signature`
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- **2024-05-16** Chapter No. 2024-187
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/44db428a-45dc-48d4-a70d-d41188010abe`. Confidence: reported (aggregated from official Florida legislature records).
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