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MI SB0196

MI SB0196
Appropriations: department of insurance and financial services; appropriations for fiscal year 2023-2024; provide for. Creates appropriation act.


summary

Introduced
03/15/2023
In Committee
05/10/2023
Crossed Over
05/10/2023
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to make appropriations for the department of insurance and financial services for the fiscal year ending September 30, 2024; and to provide for the expenditure of the appropriations.

AI Summary

This bill appropriates funding for the Department of Insurance and Financial Services for the fiscal year ending September 30, 2024. The bill provides a gross appropriation of $74,147,900, with $72,398,700 coming from other state restricted revenues and $1,017,100 from federal revenues. The funding supports 390.5 full-time equated positions, including 6.0 unclassified positions and 384.5 classified positions. Key areas of funding include departmental administration and support, insurance and financial services regulation, and information technology services and projects. The bill also includes various general sections related to the administration and reporting requirements for the appropriated funds.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Notice Given To Discharge Committee (on 05/16/2023)

bill text


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