The bill appropriates funds for various state departments in Iowa for the fiscal year 2025-2026, including the Department of Administrative Services, the Auditor of State, and the Iowa Ethics and Campaign Disclosure Board. It details specific funding allocations for salaries, support, maintenance, and miscellaneous purposes, as well as the number of full-time equivalent positions for each department. A significant provision of the bill is that unencumbered or unobligated funds for utility costs and certain other appropriations will not revert at the end of the fiscal year, allowing them to remain available for future use. Additionally, the bill limits a standing appropriation for the enforcement of tobacco product manufacturer regulations under Code chapter 453D.

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, along with all fees, assessments, fines, and administrative penalties collected under the relevant chapter. This aims to enhance the financial management and regulatory oversight of captive insurance in the state.

Statutes affected:
Introduced: 8.33, 521J.12