HB 16-1249 Summary

• Provides supplemental appropriations to the Department of Regulatory Agencies for fiscal year 2015-2016, amending Part XVIII of SB 15-234.

• Allocates $88,761,540 in total funding across multiple divisions including Banking, Civil Rights, Financial Services, Insurance, Public Utilities Commission, Real Estate, Professions and Occupations, and Securities.

• Funds are distributed from General Fund ($1,923,405), Cash Funds ($80,476,836), and Federal Funds ($1,486,010) with reappropriated funds also available.

• Includes funding for personal services covering 29.5 to 198.8 FTE positions, operating expenses, health insurance, and indirect cost assessments across all regulatory divisions.

• Declared necessary for immediate preservation of public peace, health, and safety under the safety clause provision.