Bill

Bill > S1397


ID S1397

ID S1397
Relates to the appropriation to the to the Department of Insurance for fiscal year 2025.


summary

Introduced
03/04/2024
In Committee
03/13/2024
Crossed Over
03/07/2024
Passed
03/14/2024
Dead
Signed/Enacted/Adopted
03/19/2024

Introduced Session

2024 Regular Session

Bill Summary

RELATING TO THE APPROPRIATION TO THE DEPARTMENT OF INSURANCE; APPROPRIATING ADDITIONAL MONEYS TO THE DEPARTMENT OF INSURANCE FOR FISCAL YEAR 2025; AUTHORIZING ADDITIONAL FULL-TIME EQUIVALENT POSITIONS; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill appropriates additional moneys to the Department of Insurance for fiscal year 2025, authorizes additional full-time equivalent positions, and declares an emergency with an effective date of July 1, 2024. Specifically, it appropriates $302,100 from the Insurance Administrative Fund and $4,300 from the Federal Grant Fund for the Insurance Regulation program, as well as $562,800 from the Arson, Fire and Fraud Prevention Fund for the State Fire Marshal program. The bill also authorizes an increase of four (4.00) full-time equivalent positions for the Department of Insurance during the same fiscal year.

Committee Categories

Budget and Finance, Justice

Sponsors (2)

Other Sponsors (1)

Finance Committee (Senate)

Last Action

Session Law Chapter 98 Effective: 07/01/2024 (on 03/19/2024)

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