ND SB2010

Appropriates $11,545,139 from special funds to the insurance commissioner for agency expenses for the biennium July 1, 2015 through June 30, 2017, including salaries and wages of $8,943,097 and operating expenses of $2,512,042 with 49.50 full-time equivalent positions.

Appropriates $16,701,207 from the insurance tax distribution fund for payments to North Dakota fire departments ($15,681,207) and the North Dakota firefighter's association ($1,020,000, including $130,000 in one-time funds).

Sets insurance commissioner annual salary at $99,698 through June 30, 2016, and $105,770 thereafter (increased from $96,794 through June 30, 2014).

Amends bail bond agent statutes to change terminology from "qualified" to "appointed and licensed," clarifies definitions, and renumbers penalty provisions while maintaining existing conduct prohibitions and collateral security requirements.

Changes surplus lines insurance filing requirements to reference "annual tax statement" instead of "verified report" when producers pay premium taxes.