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ND SB2008

Bill

Status

Passed

4/12/2017

Primary Sponsor

Appropriations Committee

Click for details

Origin

Senate

65th Legislative Assembly

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