Relates to the appropriation to the Department of Finance for fiscal year 2026.
APPROPRIATIONS -- DEPARTMENT OF FINANCE -- Relates to the appropriation to the Department of Finance for fiscal year 2026.
STATEMENT OF PURPOSE
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This appropriation to the Department of Finance provides enhancements to the FY 2026 maintenance budget that includes 4.00 FTP and additional personnel costs for a financial institutions IT examiner, a financial institutions examiner, a financial examiner investigator 3, and a financial examiner with a forensic accounting specialty; and IT replacement items. Forenhancement3, theagencyalsorequestedtwoadditionalfinancialinvestigator3positionsfortheconsumer financebureauforatotaloftwo(2.00)FTPand$246,000. Thesepositionswerenotfundedandarenotincluded in this enhancement bill.
FISCAL NOTE
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This appropriation provides an additional $642,800 to the maintenance appropriation provided to the Department of Finance found in Senate Bill 1109. Table 1 shows incremental adjustments to the budget found in the bill, of which the ongoing increase is $581,000 and the onetime increase is $66,800. Table 2 shows all the adjustments leading to the FY 2026 Total. The total budget for the Department of Finance is $11,875,400. Table 1 FTP Gen Ded Fed Total 1. Financial Institutions IT Examiner 1.00 0 172,100 0 172,100 2. Financial Institutions Examiner 1.00 0 172,100 0 172,100 3. Financial Examiner Investigator 3 - CFB 0.00 0 0 0 0 4. Financial Examiner Investigator 3 - SEC 1.00 0 123,000 0 123,000 5. FE Forensic Accounting Specialist 1.00 0 123,000 0 123,000 OITS Hardware 0.00 0 52,600 0 52,600 FY 2026 Enhancements 4.00 0 642,800 0 642,800 % Chg from FY 2026 Maintenance 5.6% 5.7% 5.7% Table 2 FTP Gen Ded Fed Total FY 2025 Original Appropriation 72.00 0 11,036,300 0 11,036,300 Removal of On
HOW THEY VOTED
House Third Reading
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YEA (43)
NAY (26)
ABSENT / NOT VOTING (1)
Senate Third Reading
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YEA (23)
LATEST ACTION
Reported Signed by Governor on April 2, 2025 Session Law Chapter 265 Effective: 07/01/2025
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Apr 3, 2025
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