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AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
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.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 252453, was a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aimed to modify the composition of certain authorized investments to align with recent changes in Florida State Law (specifically section 218.415, Florida Statutes) and to update certain references due to the county's transition to independent constitutional county offices. The policy previously required bonds backed by the full faith and credit of the government of Israel to have an 'A' rating or above, but the state law amendment allows for investment in both rated and unrated bonds. The item was introduced on 12/15/2025 and was ultimately withdrawn. It was discussed in the Intergovernmental and Economic Impact Committee, where it was deferred multiple times before being withdrawn. A substituted version of this resolution can be found in Legislative File No. 261175.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Withdrawn
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter, File Number 252453, was a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aimed to modify the composition of certain authorized investments to align with recent changes in Florida State Law (specifically Section 218.415, Florida Statutes) regarding investments in bonds backed by the full faith and credit of the government of Israel, removing the previous requirement for an 'A' rating or above. It also intended to update certain references due to the County's transition to independent constitutional county offices. The item was introduced on 12/15/2025 and sponsored by Sen. Rene Garcia. The Intergovernmental and Economic Impact Committee initially deferred the item on 2/4/2026 and again on 3/11/2026. Ultimately, the resolution was withdrawn on 7/15/2026, with a note indicating that a substituted version can be found in Legislative File No. 261175.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Withdrawn
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendments are intended to align the policy with changes in Florida Statutes and to adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc., to ensure liquidity, minimize market exposure, and preserve principal. The resolution also updates references due to the County's transition to independent constitutional county offices. The matter is currently in committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
Miami-Dade County is amending its Investment Policy. The changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. These amendments align the policy with recent changes in Florida Statutes and adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc. The resolution was forwarded to the Board of County Commissioners (BCC) with a favorable recommendation by the Intergovernmental and Economic Impact Committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Miami-Dade County Board of County Commissioners
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aim to modify the composition of certain authorized investments to align with recent updates in Florida State Law (specifically Section 218.415, Florida Statutes) and to update references due to the transition to independent constitutional county offices. The policy currently requires bonds backed by the full faith and credit of the government of Israel to have an 'A' rating or above, but the state law amendment now allows investment in both rated and unrated bonds from Israel. The resolution was introduced on 12/15/2025 and has been deferred twice by the Intergovernmental and Economic Impact Committee, most recently on 3/11/2026 to no date certain at the request of Senator Rene Garcia. No public comment or specific business opportunity for contractors is detailed in this document.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
- Applicant:
- Sen. Rene Garcia, Prime Sponsor
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment aligns the policy with changes in Florida Statutes regarding investments in bonds backed by the full faith and credit of the government of Israel, removing the previous rating requirement. It also adjusts percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc., to ensure liquidity, minimize market exposure, and preserve principal. The changes are also necessitated by the County's transition to independent constitutional county offices. The resolution is currently in committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aim to modify the composition of certain authorized investments to align with recent updates in Florida State Law (specifically Section 218.415, Florida Statutes) and to update references due to the transition to independent constitutional county offices. The policy currently requires bonds backed by the full faith and credit of the government of Israel to have an 'A' rating or above, but the state law amendment now allows investment in both rated and unrated bonds from Israel. The resolution was introduced on 12/15/2025 and has been deferred twice by Senator Rene Garcia, most recently on March 11, 2026, to no date certain. No public comment or specific developer information is included as this is a policy amendment, not a project-specific development application.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
- Applicant:
- Miami-Dade County
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 252453, was a resolution to amend the Miami-Dade County Investment Policy. The proposed amendment aimed to modify the composition of certain authorized investments to align with changes in Florida State Law (specifically section 218.415) and to update references due to the county's transition to independent constitutional county offices. The policy change would allow for 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 item was introduced on 12/15/2025 and was ultimately withdrawn on 7/15/2026 after being deferred multiple times. It was part of the Intergovernmental and Economic Impact Committee agenda.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Withdrawn
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
Miami-Dade County is amending its Investment Policy. The changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. These amendments align the policy with recent changes in Florida Statutes regarding investments in bonds backed by the government of Israel and adjust percentage thresholds for various investments to ensure liquidity, minimize market exposure, and preserve principal. The policy is administered by the County Clerk and Comptroller. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation on 7/15/2026. The Agenda Date for the BCC is 9/1/2026.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Miami-Dade County
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 252453, is a Resolution to amend the Miami-Dade County Investment Policy. The proposed changes aim to modify the composition of certain authorized investments to align with recent updates in Florida State Law (specifically section 218.415, Florida Statutes) and to update references due to the transition to independent constitutional county offices. The policy currently requires bonds backed by the full faith and credit of the government of Israel to have an 'A' rating or above, but the state law amendment now allows investment in both rated and unrated bonds from Israel. The resolution was introduced on 12/15/2025 and sponsored by Sen. Rene Garcia. It has been deferred twice by the Intergovernmental and Economic Impact Committee, most recently on 3/11/2026 to no date certain. No public comment or registered lobbyists are listed.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
- Applicant:
- Miami-Dade County
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
Miami-Dade County is amending its Investment Policy. The changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. These amendments align the policy with recent changes in Florida Statutes and adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc. The resolution was forwarded to the Board of County Commissioners (BCC) with a favorable recommendation by the Intergovernmental and Economic Impact Committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Miami-Dade County Board of County Commissioners
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 261175, is a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment aligns the policy with recent changes in Florida Statutes regarding investments in bonds backed by the full faith and credit of the government of Israel, and adjusts percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The policy is administered by the County Clerk and Comptroller. The item is currently 'In Committee' and was introduced on 6/26/2026, with an Agenda Date of 9/1/2026.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
- Applicant:
- Miami-Dade County Board of County Commissioners
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment aligns the policy with recent changes in Florida Statutes regarding investments in bonds backed by the full faith and credit of the government of Israel, removing the previous requirement for an 'A' rating or above. It also adjusts percentage thresholds for various investments in consultation with the county's investment advisor, Hilltop Securities Inc., to ensure liquidity, minimize market exposure, and preserve principal. The changes are also necessitated by the county's transition to independent constitutional county offices. The resolution is currently in committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 261175, is a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment is necessitated by changes in Florida Statutes (section 218.415) regarding investments in bonds backed by the government of Israel, and by the county's transition to independent constitutional county offices. The policy will be updated in consultation with the county's investment advisor, Hilltop Securities Inc., to ensure liquidity needs, minimize market exposure, and preserve principal. The resolution is currently 'In Committee'.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
- Applicant:
- Miami-Dade County
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 252453, was a resolution to amend the Miami-Dade County Investment Policy. The proposed amendment aimed to modify the composition of certain authorized investments to align with changes in Florida State Law and update other references. The policy change would allow for investment in both rated and unrated bonds, notes, or instruments backed by the full faith and credit of the government of Israel, removing the previous requirement for an 'A' rating or above. The item was introduced on 12/15/2025 and was ultimately withdrawn. Key actions included deferrals on 2/4/2026 and 3/11/2026, with the final action being 'Withdrawn' on 7/15/2026.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Withdrawn
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative item, File Number 252453, concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aim to modify the composition of certain authorized investments to align with recent updates in Florida State Law and to update references due to the transition to independent constitutional county offices. The policy currently allows investment in Israeli government bonds with an 'A' rating or above, but state law has been amended to permit investment in both rated and unrated Israeli government bonds. The resolution was introduced on 12/15/2025. It was deferred by the Intergovernmental and Economic Impact Committee on 2/4/2026 and again on 3/11/2026 to no date certain. A substituted version may be found in Legislative File No. 261175.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment is intended to align the policy with recent changes in Florida Statutes regarding investments in bonds backed by the government of Israel, and to adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc. The policy will also be updated to reflect the County's transition to independent constitutional county offices. The resolution is currently in committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendment is intended to align the policy with recent changes in Florida Statutes and to adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc., to maintain liquidity, minimize market exposure, and preserve principal. The resolution also addresses updates necessitated by the County's transition to independent constitutional county offices. The matter is currently in committee.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- In Committee
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
Miami-Dade County is considering amendments to its Investment Policy. The proposed changes, identified under File Number 261175, aim to modify the composition of authorized investments, remove the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and update references to clarify the roles of the County Clerk and Comptroller. These amendments are intended to align the policy with recent changes in Florida Statutes regarding investments in bonds backed by the government of Israel and to adjust investment percentage thresholds based on consultation with the County's investment advisor, Hilltop Securities Inc. The changes also address updates necessitated by the transition to independent constitutional county offices. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation on July 15, 2026. The final action is pending BCC assignment.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation by the Intergovernmental and Economic Impact Committee.
- Applicant:
- Miami-Dade County
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