This bill proposes appropriations for the Department of Insurance and Financial Services for the fiscal year ending September 30, 2026. It establishes a gross appropriation from state funds, specifically indicating that total state spending from state sources is set at $100.00, with no funds allocated to local units of government.

Additionally, the bill includes provisions that ensure the appropriations are subject to the management and budget act of 1984, which governs the financial management of state funds. The new legal language inserted into the bill emphasizes the enactment by the people of Michigan and outlines the specific sections related to the appropriations and their management.