AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

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 (specifically Section 218.415) and to update references due to the county's transition to independent constitutional county offices. 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 The item was introduced on 12/15/2025 and was ultimately withdrawn. It was deferred multiple times before its withdrawal, with Senator Rene Garcia requesting the deferrals. No public comment is stated in the document.