HB1226 Summary

• Establishes 194 maximum regular employees for the State Insurance Department for fiscal year 2011-2012, with maximum regular salaries totaling $7,036,153

• Authorizes 19 part-time or temporary employees ("Extra Help") with maximum compensation of $140,000

• Appropriates $12,118,350 from the State Insurance Department Trust Fund for Operations, including personal services, operating expenses, conferences, travel, professional fees, and capital outlay

• Appropriates funds for multiple specialized divisions: Fraud Investigation Unit ($364,820), Insurance Fraud Investigation Division ($979,571), Prepaid Funeral Benefits Division ($371,086), and other programs including health information counseling, criminal background checks, and health insurance premium rate review totaling over $4 million in additional federal and state funds

• Provides $50.25 million in total appropriations for employee claims programs (state, public school, county, and city employees) and insurance trust funds including Arkansas Multi-Agency Insurance Trust Fund ($10 million) and Public School Insurance Program ($14 million)