AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

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 The item was introduced on 12/15/2025 and was ultimately withdrawn. It was deferred multiple times, with Senator Rene Garcia requesting the deferrals. The Intergovernmental and Economic Impact Committee withdrew the item on 7/15/2026, noting that a substituted version was available as Legislative File No. 261175.