AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

Miami-Dade County Legislative Item File Number 252453, a resolution to amend the Miami-Dade County Investment Policy, was withdrawn. The proposed amendment aimed to modify the composition of certain authorized investments to align with changes in state law and update references. The resolution was introduced on 12/15/2025 and was scheduled for the Intergovernmental and Economic Impact Committee on 7/15/2026, where it was ultimately withdrawn. Prior to this, it was deferred on 3/11/2026 and 2/4/2026 at the request of Senator Rene Garcia. The policy change would allow investment in both rated and unrated bonds backed by the full faith and credit of the government of Israel, removing the previous requirement for an 'A' rating or above. The amendment also sought to update references due to the county's transition to independent constitutional county offices.