Relates to the appropriation to the to the Department of Insurance for fiscal year 2026.
APPROPRIATIONS -- DEPARTMENT OF INSURANCE -- Relates to the appropriation to the to the Department of Insurance for fiscal year 2026.
FISCAL NOTE
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This appropriation provides an additional $533,400 to the maintenance appropriation provided to the Department of Insurance found in Senate Bill 1109. Table 1 show incremental adjustments to the budget found in this bill, of which the ongoing increase is $365,200 and the onetime increase is $168,200. Table 2 shows all the adjustments leading to the FY 2026 Total. The total budget for the Department of Insurance is $12,093,100. Table 1 FTP Gen Ded Fed Total 1. Staff Actuary 1.00 0 201,900 0 201,900 2. Regulatory Compliance Specialist 1.00 0 121,200 0 121,200 3. State Fire Marshal Comp. Increase 0.00 0 48,100 0 48,100 Replacement Items 0.00 0 162,200 0 162,200 FY 2026 Enhancements 2.00 0 533,400 0 533,400 % Chg from FY 2026 Maintenance 2.6% 4.9% 4.6% Table 2 FTP Gen Ded Fed Total FY 2025 Original Appropriation 75.50 0 10,920,100 735,200 11,655,300 Executive Carry Forward 0.00 0 94,000 0 94,000 FY 2025 Estimated Expenditures 75.50 0 11,014,100 735,200 11,749,300 Removal of Onetime Expendi
HOW THEY VOTED
Senate Third Reading
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YEA (23)
ABSENT / NOT VOTING (1)
House Third Reading
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YEA (35)
NAY (33)
ABSENT / NOT VOTING (2)
LATEST ACTION
Session Law Chapter 134 Effective: 07/01/2025
BILL INFO
- Session
- 2025
- Chamber
- senate
- Status date
- Mar 19, 2025
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