This bill appropriates additional funds to the Department of Insurance for the fiscal year 2026, specifically from July 1, 2025, to June 30, 2026. The total appropriation amounts to $533,400, which includes $323,100 for insurance regulation and $210,300 for the state fire marshal, with specified allocations for personnel costs, operating expenditures, and capital outlay. The funding sources include the Insurance Administrative Fund and the Arson, Fire and Fraud Prevention Fund.
Additionally, the bill authorizes an increase of two full-time equivalent positions for the Department of Insurance for the same fiscal period. An emergency is declared to exist, allowing the act to take effect on July 1, 2025.