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ID S1397

Bill

Status

Passed

3/19/2024

Primary Sponsor

Finance Committee

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Appropriates $869,200 to the Department of Insurance for fiscal year 2025 (July 1, 2024 through June 30, 2025), including $462,000 for personnel costs, $77,200 for operating expenditures, and $330,000 for capital outlay.

  • Insurance Regulation program receives $306,400 total: $263,400 from Insurance Administrative Fund and $4,300 from Federal Grant Fund.

  • State Fire Marshal program receives $562,800 total from the Arson, Fire and Fraud Prevention Fund, including $198,600 for personnel and $300,000 for capital outlay.

  • Authorizes four (4.00) additional full-time equivalent positions for the Department of Insurance during the fiscal year 2025 period.

  • Declares an emergency and makes the act effective on July 1, 2024.

Legislative Description

Relates to the appropriation to the to the Department of Insurance for fiscal year 2025.

APPROPRIATIONS

Last Action

Session Law Chapter 98 Effective: 07/01/2024

3/19/2024

Committee Referrals

Finance3/5/2024
Judiciary and Rules3/4/2024

Full Bill Text

No bill text available