IL SB3905

Appropriates $62,311,600 total ($62,027,400 from Other State Funds and $284,200 from Federal Funds) to the Illinois Department of Insurance for fiscal year beginning July 1, 2020

Appropriates $22,042,000 from the Insurance Producer Administration Fund for producer administration operations including personal services, retirement contributions, group insurance, and technology expenses

Appropriates $23,946,200 from the Insurance Financial Regulation Fund for financial regulation operations with similar expense categories

Appropriates $2,288,400 from the Public Pension Regulation Fund for pension division operations and $1,000,000 for general operations support

Appropriates $2,862,000 from the Illinois Workers' Compensation Commission Operations Fund for the Insurance Fraud Division, $284,200 for federal health insurance market reforms, and $7,500,000 for Illinois Health Insurance Marketplace administration