SB117 Summary

• Appropriates $14,270,015 from the State Insurance Department Trust Fund for the department's operations, including $7,496,872 for regular salaries and $956,000 for professional services for fiscal year 2019-2020.

• Authorizes 189 maximum regular full-time employees and 19 temporary/part-time "Extra Help" employees across various classifications and salary grades.

• Appropriates $39,605,000 total across multiple trust funds and revolving funds for claims payment and program expenses, including $20,000,000 for Arkansas Multi-Agency Insurance Trust Fund and $20,000,000 for Public School Insurance Program.

• Restricts the State Insurance Department from advertising, promoting, or encouraging enrollment in Arkansas Works or the Arkansas Health Insurance Marketplace, with limited exceptions for direct communications and informational responses.

• Allows the department to retain up to $8,000,000 in a single biennium for construction and renovation of department facilities upon commissioner request and chief fiscal officer approval.