AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

Intergovernmental and Economic Impact Committee · 2026-07-15 · resolution

Miami-Dade County's Intergovernmental and Economic Impact Committee deferred a resolution (File Number: 252453) that proposes amending the County's Investment Policy. The amendment aims to modify the composition of authorized investments to align with recent changes in Florida State Law (specifically section 218.415, Florida Statutes) regarding investments in bonds backed by the government of Israel, and to update references due to the County's transition to independent constitutional county offices. The resolution was introduced on 12/15/2025 and was deferred to no date certain on March 11, 2026, at the request of Sponsor Sen. Rene Garcia. The policy change would allow investment in both rated and unrated bonds backed by Israel, removing the previous requirement for an 'A' rating or equivalent.