- Associated Press - Thursday, January 25, 2018

TALLAHASSEE, Fla. (AP) - Florida could impose additional sanctions against Venezuela under a bill approved by the Florida House.

The House voted unanimously on Thursday for legislation (HB 359) that would bar the state from investing in companies that do business in Venezuela or with the government.

It’s unclear, however, if the bill will have any immediate impact because there are different opinions on how far reaching the legislation may be.

Rep. Jeanette Nunez, a Miami Republican, said sanctions were needed because the situation in the South American country has become a threat to the security of the United States. She said that President Nicolas Maduro has oppressed the citizens of Venezuela.

Last year, Gov. Rick Scott and trustees of the state’s pension plan voted to bar the state from making future investments that directly support Maduro. The ban was largely symbolic.



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