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The Florida House on Wednesday rolled out a proposal to divest an estimated $277 million in state pension-fund investments in Chinese state-owned companies.The proposal, approved by the House State Affairs Committee, would require the State Board of Administration to develop a plan for selling holdings tied to Chinese companies by Sept. 1 and complete divestment within one year. The State Board of Administration invests state money, including in the pension fund.

Delray beachUnited statesMike carusoRon desantisJimmy patronisLamar taylorKweichow moutaiAshley moodyBoard of administrationUs circuit courtChina construction bank corpAccountability committeeHouse state affairs committeeSenate governmental oversightFiscal policy committeeChinese communist party