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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 state law (Section 218.415, Florida Statutes) regarding investments in bonds backed by the government of Israel, and adjust percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The policy also updates references due to the transition to independent constitutional county offices. The Intergovernmental and Economic Impact Committee forwarded this to the Board of County Commissioners (BCC) with a favorable recommendation.
- 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
Miami-Dade County is considering amendments to its Investment Policy. The proposed changes 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 state law (Section 218.415, 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 County's transition to independent constitutional county offices. The Intergovernmental and Economic Impact Committee forwarded the item to the Board of County Commissioners (BCC) with a favorable recommendation on July 15, 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 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 regarding investments in bonds backed by the government of Israel and the county's 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 BCC agenda date is September 1, 2026.
- 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
AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY
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.
- 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 261175, is a resolution amending 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 adjusted 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 Board of County Commissioners
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 (Section 218.415, Florida Statutes) and to update references due to the county's transition to independent constitutional county offices. Specifically, it intended to 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 item was introduced on 12/15/2025 and was ultimately withdrawn. It was previously deferred multiple times, including to no date certain at the request of Senator Rene Garcia.
- 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. 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, allowing for both rated and unrated instruments. The policy will also adjust percentage thresholds for various investments in consultation with investment advisor Hilltop Securities Inc. to ensure liquidity, minimize market exposure, and preserve principal. These changes are necessitated by amendments to section 218.415, Florida Statutes, and the county's transition to independent constitutional county offices.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Pending BCC Assignment
- Applicant:
- Miami-Dade County
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) 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 by the Intergovernmental and Economic Impact Committee. No specific projects or development details are mentioned, as this pertains to the county's investment policy.
- 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 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 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 intended to be a substitution for 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
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 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 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
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) 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 references due to the county's transition to independent constitutional county offices. The item was introduced on 12/15/2025 and was ultimately withdrawn. It was previously deferred multiple times, with Senator Rene Garcia requesting deferrals. No public comment is stated in the document.
- 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 state law (Section 218.415, Florida Statutes) regarding investments in bonds backed by the government of Israel, and adjust percentage thresholds for various investments based on consultation with the County's investment advisor, Hilltop Securities Inc. The policy also updates references due to the transition to independent constitutional county offices. The Intergovernmental and Economic Impact Committee forwarded this to the Board of County Commissioners (BCC) with a favorable recommendation on 7/15/2026.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Forwarded to BCC with a favorable recommendation
- Applicant:
- Miami-Dade County Board of County Commissioners
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 state law (Section 218.415, Florida Statutes) regarding investments in bonds backed by the government of Israel, and adjust percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The policy administration is handled by the County Clerk and Comptroller. The matter 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
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 state law (Section 218.415, Florida Statutes) regarding investments in bonds backed by the government of Israel, and adjust percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The policy is also being updated due to the County's transition to independent constitutional county offices following Amendment 10. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation on July 15, 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 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 changes in Florida Statutes regarding investments in bonds backed by the government of Israel and adjusts percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The resolution was recommended favorably by the Intergovernmental and Economic Impact Committee and is pending assignment to the Board of County Commissioners (BCC).
- 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 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 County's 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 to no date certain on 3/11/2026, at the request of Sponsor Sen. Rene Garcia. No public comment or stakeholder sentiment is stated in the document.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
- Applicant:
- Sen. Rene Garcia (Requester/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 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 for 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 to no date certain by the Intergovernmental and Economic Impact Committee on March 11, 2026. No public comment is stated in the 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 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 updates in Florida State Law and to update references due to the county's transition to independent constitutional county offices. Specifically, it addressed changes to the investment criteria for bonds backed by 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. It was previously deferred multiple times, including on 3/11/2026 and 2/4/2026, with requests for deferral coming from Senator Rene Garcia. The resolution was intended to be substituted by Agenda Item 2B Substitute, 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 aim to modify the composition of authorized investments to align with recent updates in Florida State Law, specifically regarding investments in bonds backed by the full faith and credit of the government of Israel. It also seeks to update certain references due to the County's transition to independent constitutional county offices. The resolution was introduced on 12/15/2025 and has been deferred twice, currently in committee with no date certain for further action. No public comment or lobbyist input is listed.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
- Applicant:
- Sen. Rene Garcia (Requester/Sponsor)
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 (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 seeks 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 Senator Rene Garcia. The matter is currently 'In Committee'.
- Board:
- Intergovernmental and Economic Impact Committee
- Date:
- 2026-07-15
- Type:
- Resolution
- Decision:
- Deferred
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