AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

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 and to update references due to the county's transition to independent constitutional county offices. The policy currently allows investment in bonds backed by the full faith and credit of the government of Israel with an 'A' rating or above. The amendment seeks to allow investment in both rated and unrated bonds, notes, or instruments backed by the full faith and credit of the government of Israel, reflecting a change in section 218.415, Florida Statutes. The item 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, with a withdrawal noted on 7/15/2026, referencing a substituted version in Legislative File No. 261175.