Relates to the appropriation to the Department of Finance for fiscal year 2023.
APPROPRIATIONS -- DEPARTMENT OF FINANCE -- Relates to the appropriation to the Department of Finance for fiscal year 2023.
STATEMENT OF PURPOSE
This is the FY 2023 original appropriation bill for the Department of Finance. It appropriates a total of $10,059,400 and caps the number of authorized full-time equivalent positions at 70.00. For benefit costs, the bill increases the appropriated amount for health insurance by $850 to $12,500 per eligible full time FTP, includes a one-year holiday of unemployment insurance, and adjusts workers' compensation amounts. The bill also provides funding for permanent employees for the equivalent of a 3% salary structure shift and provides $1.25 per hour per eligible employee to be distributed based on merit for change in employee compensation. Funding for replacement items includes $63,100 for laptops, docking stations, monitors, and printers. The bill funds three line items: line item 1, which provides 2.00 FTP and $273,300 for credit union examiners, line item 2, which provides 1.00 FTP and $126,100 for a mortgage supervising examiner, and line item 3, which provides 1.00 FTP and $108,300 for a securities examiner.
HOW THEY VOTED
Senate Third Reading
YEA (35)
NAY (0)
House Third Reading
YEA (67)
NAY (0)
ABSENT / NOT VOTING (3)
LATEST ACTION
Session Law Chapter 102 Effective: 07/01/2022