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Record Group Number: 000120
Series/Collection Number: .S 2085
Creator: Florida. State Board of Administration.
Title, Dates: Tobacco investment analysis files, 1994-2001.
Amount: 2.00 cubic ft.
Medium Included:
Organization/Arrangement: By record type, then either chronological or alphabetical by subject.
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Biographical/Historical:     The State Board of Administration (SBA) is a constitutional entity of Florida state government that provides a variety of investment services to various governmental entities. Created by the Florida Legislature in 1929 (Chapter 14486, Laws of Florida; amended to the 1885 Constitution as Article IV, Section 16, 1942, Senate Joint Resolution 324, 1941; continued under Article XII, Section 9, 1968 Constitution and Ch. 69-106, Laws), its members are the Governor, the Chief Financial Officer, and the Attorney General. The Board's statutory mandate is to invest, manage and safeguard assets of the Florida Retirement System (FRS) and its 25 trust funds and pension plans used for a number of investment services. In addition, the SBA provides administrative services to the Florida Prepaid College Board and the Division of Bond Finance.

Summary:     This series contains correspondence, memoranda, electronic mail, legal opinions, meeting summaries, articles, and related records documenting the State Board of Administration's (SBA) decision in 1997 to divest tobacco stocks which were held by the Florida Retirement System (FRS) Trust Fund, and subsequent reinvestment in tobacco stocks in 2001.  At the time of divestment, the State of Florida and other states were in litigation against tobacco companies.

Finding Aids: Folder listing available. 0
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Electronic Records Access:
Subject Access Fields: Chiles, Lawton, 1930-1998
Milligan, Robert F., 1932-
Gallagher, Tom, 1944-
Bush, Jeb
Tobacco industry Florida
Investment of public funds Florida
Stocks
Articles. aat
Electronic mail. aat
Legal instruments. aat
Reports. aat
Transcripts. aat
Added Entries