HB 2007 Summary

• Appropriates $256.8 million to the Department of Economic Development for administrative services, workforce development, tourism, housing programs, and various economic development initiatives for fiscal year July 1, 2010 to June 30, 2011.

• Appropriates $38.1 million to the Department of Insurance, Financial Institutions and Professional Registration for insurance operations, market conduct examinations, professional licensing boards, and consumer protection programs.

• Appropriates $112.7 million to the Department of Labor and Industrial Relations for unemployment compensation administration, workers' compensation, labor standards enforcement, employment security, and human rights commission operations.

• Authorizes transfers of funds between various state funds to support administrative costs and program operations across the three departments.

• Total appropriations across all three departments: approximately $407.7 million from General Revenue, Federal Funds, and dedicated special funds.