senate✓ Signed
Relates to the appropriation to the Department of Finance for fiscal year 2023.
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.