TALLAHASSEE, Fla. – Gov. Rick Scott will push for legislation in 2018 that expands a Cabinet directive against conducting state business linked to the Maduro regime in Venezuela.
Before hosting a one-day summit Monday in Miami on Latin America, Scott announced a legislative proposal that would prohibit all state agencies from investing in companies doing business with the Maduro regime.
“In Florida, we have been absolutely clear --- the brutal government of Nicolas Maduro must end and the people of Venezuela must be given total freedom and democracy now,” Scott said in a prepared statement.
In August, Scott, Attorney General Pam Bondi and Chief Financial Officer Jimmy Patronis approved a resolution to prohibit the State Board of Administration from investing with certain companies that have financial ties to the Venezuelan regime.
Scott's proposal for 2018 would place the prohibition into state law.
Scott hasn't named or targeted any individual companies, but Sen. Jose Javier Rodriguez, D-Miami, has filed a proposal (SB 70) for the 2018 legislative session that would require the State Board of Administration to divest from companies doing business with Venezuela.