The bill appropriates funds for various state departments in Iowa for the fiscal year 2025-2026, including the Department of Administrative Services, the Iowa Ethics and Campaign Disclosure Board, and the Iowa Utilities Commission. It specifies funding amounts for salaries, support, maintenance, and miscellaneous purposes, along with the number of full-time equivalent positions for each department. A significant aspect of the bill is the limitation on a standing appropriation for the enforcement of tobacco product manufacturer regulations under Code chapter 453D, which aims to streamline funding for this specific area.
Furthermore, the bill introduces new provisions related to the Captive Insurance Regulatory and Supervision Fund, mandating that premium taxes collected from captive companies under Code section 432.1A be deposited into this fund. It amends existing language to ensure that premium tax receipts are included in the fund's revenue sources, thereby accounting for all fees, assessments, fines, and administrative penalties collected under the relevant chapter. This approach is intended to enhance the financial management and oversight of the fund while promoting transparency in the allocation of public resources.
Statutes affected: Introduced: 8.33, 521J.12