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ND SB2008
Bill
Status
Passed
4/12/2017
Primary Sponsor
Appropriations Committee
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AI Summary
- Appropriates $8,409,912 in special funds to the North Dakota Department of Financial Institutions for the biennium beginning July 1, 2017 through June 30, 2019, with allocation of $6,813,840 for salaries and wages, $1,576,072 for operating expenses, and $20,000 for contingency
- Includes $79,639 from other funds within the salaries and wages line item to cover increases in employee health insurance premiums rising from $1,130 to $1,241 per month
- Eliminates $66,325 in one-time desktop support funding that was approved for the 2015-17 biennium, with no replacement one-time funding for 2017-19
- Maintains 30 full-time equivalent positions for the department with no change from the base level
- Directs the Governor to study the feasibility and desirability of combining the Department of Financial Institutions and the Securities Department during the 2017-18 interim, with findings and recommendations due to legislative management by July 1, 2018
Legislative Description
AN ACT to provide an appropriation for defraying the expenses of the department of financial institutions; to provide for a study; and to provide for a report to the legislative management.
Last Action
Signed by Governor 04/12
4/12/2017
Committee Referrals
Appropriations1/3/2017
Full Bill Text
No bill text available