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IA HF1044
Bill
Status
6/11/2025
Primary Sponsor
Appropriations
Click for details
AI Summary
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Appropriates funds for FY 2025-2026 (July 1, 2025 - June 30, 2026) to various state agencies including Department of Administrative Services ($3.7M for general operations, $4.5M for utilities), Auditor of State ($1M), Ethics and Campaign Disclosure Board ($1M), and Governor's Office ($2.9M)
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Provides $20.9M total to Department of Inspections, Appeals, and Licensing across divisions including administration, health facilities ($6.2M with 132 FTEs), investigations ($2.8M), and workers' compensation ($3.4M), with requirements for fraud investigation reporting
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Allocates $27.5M from the commerce revolving fund to Department of Insurance and Financial Services for banking ($14.3M), credit union ($2.9M), and insurance ($10.3M) divisions, plus $450,000 from general fund for captive insurance regulation
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Appropriates $8.1M to Department of Management for enterprise resource planning and IT operations, $84M to Iowa Public Employees' Retirement System (including $60M for a new pension administrative system), and $16.7M to Department of Revenue
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Amends Code sections 432.1A and 521J.12 to require captive insurance premium tax receipts be deposited into the captive insurance regulatory and supervision fund rather than the general fund
Legislative Description
A bill for an act relating to and making appropriations for state government administration and regulation, including the department of administrative services, auditor of state, ethics and campaign disclosure board, offices of governor and lieutenant governor, department of inspections, appeals, and licensing, department of insurance and financial services, department of management, Iowa public employees' retirement system, public information board, department of revenue, secretary of state, treasurer of state, and utilities commission, and providing for properly related matters including the deposit of captive company premium tax revenue. (Formerly HSB 343, HSB 341.) Effective date: 07/01/2025.
Last Action
Signed by Governor. H.J. 1229.
6/11/2025