FLAIA Legislative Update on House Bill 1417 - The State Board of Administration Raises its Cap on Alternative Investments from 10% to 20%
Posted By: Michael Corcelli, Chairman FLAIA
The Florida Senate approved the Ring/Oliva Bill today, which increases the Florida State Board of Administration’s cap on alternative investments from 10% to 20%. Specifically, the House Bill 1417 now goes to Governor Rick Scott for his approval and signature.”