FL S1490 | 2021 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on April 30 2021 - 100% progression
Action: 2021-04-30 - Died in Rules, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
Text: Latest bill text (Comm Sub) [HTML]

Summary

Requiring condominium associations to maintain a copy of their investment policy statement as an official record; requiring certain association boards to obtain prior approval before investing funds in certain investment products, annually develop an investment policy statement, and select an investment adviser who meets specified requirements; requiring investment advisers to act as association fiduciaries; exempting registered investment advisers from certain provisions relating to contracts for products and services, etc.

Tracking Information

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Title

Investments by Condominium Associations

Sponsors


Roll Calls

2021-03-24 - Senate - Senate Community Affairs (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2021-03-16 - Senate - Senate Regulated Industries (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2021-04-30SenateDied in Rules, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
2021-03-29SenateNow in Rules
2021-03-25SenateCS by Community Affairs read 1st time
2021-03-25SenatePending reference review under Rule 4.7(2) - (Committee Substitute)
2021-03-24SenateCS by Community Affairs; YEAS 8 NAYS 0
2021-03-19SenateOn Committee agenda-- Community Affairs, 03/24/21, 8:30 am, 37 Senate Building
2021-03-17SenateNow in Community Affairs
2021-03-16SenateFavorable by Regulated Industries; YEAS 8 NAYS 0
2021-03-11SenateOn Committee agenda-- Regulated Industries, 03/16/21, 3:30 pm, 412 Knott Building
2021-03-02SenateIntroduced
2021-03-02SenateReferred to Regulated Industries; Community Affairs; Rules
2021-02-22SenateFiled

Same As/Similar To

H1005 (Similar To) 2021-04-30 - Died in Insurance & Banking Subcommittee
H615 (Similar To) 2021-04-27 - Laid on Table; companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 630 (Ch. 2021-99)
H867 (Similar To) 2021-04-26 - Laid on Table, Refer to CS/CS/SB 630, 1st Eng.
S56 (Similar To) 2021-06-17 - Chapter No. 2021-91, companion bill(s) passed, see CS/CS/SB 630 (Ch. 2021-99)
S630 (Similar To) 2021-06-17 - Chapter No. 2021-99, companion bill(s) passed, see CS/CS/SB 56 (Ch. 2021-91), CS/CS/SB 1966 (Ch. 2021-135)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
718111Amended CodeSee Bill Text
7183026Amended CodeSee Bill Text

Florida State Sources

TypeSource
Summaryhttps://www.flsenate.gov/Session/Bill/2021/1490
Texthttps://www.flsenate.gov/Session/Bill/2021/1490/BillText/Filed/HTML
Texthttps://www.flsenate.gov/Session/Bill/2021/1490/BillText/c1/HTML
Amendmenthttps://www.flsenate.gov/Session/Bill/2021/1490/Amendment/159428/HTML
Supplementhttps://www.flsenate.gov/Session/Bill/2021/1490/Analyses/2021s01490.pre.ri.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2021/1490/Analyses/2021s01490.ri.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2021/1490/Analyses/2021s01490.pre.ca.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2021/1490/Analyses/2021s01490.ca.PDF
Roll Callhttps://www.flsenate.gov/Session/Bill/2021/1490/Vote/2021-03-16%200330PM~S01490%20Vote%20Record.PDF
Roll Callhttps://www.flsenate.gov/Session/Bill/2021/1490/Vote/2021-03-24%200830AM~S01490%20Vote%20Record.PDF

Bill Comments

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