IL SB3653

Appropriates $55,956,300 from Other State Funds to the Department of Insurance for fiscal year beginning July 1, 2014

Allocates funds from Insurance Producer Administration Fund ($23,480,100) for personal services, employee retirement contributions, group insurance, contractual services, and operational expenses

Allocates funds from Insurance Financial Regulation Fund ($27,273,800) for personal services, retirement contributions, group insurance, contractual services, and operational expenses

Allocates funds from Public Pension Regulation Fund ($2,052,400) for Pension Division operations including personal services and administrative costs

Appropriates additional amounts for Regulatory/G&A Shared Services Center ($700,000), agency operations ($750,000 and $250,000), Workers' Compensation anti-fraud program ($950,000), and Pension Division agency operations ($500,000); effective July 1, 2014