This bill proposes appropriations for the Department of Insurance and Financial Services for the fiscal year ending September 30, 2027. It includes a gross appropriation from the state general fund/general purpose, although the specific amount is not detailed in the text provided. The bill emphasizes the allocation of funds specifically for the department, indicating a structured approach to financial management within the state.
Additionally, the bill outlines that total state spending from state sources for the fiscal year is set at $100.00, with no funds allocated to local units of government. It also states that the appropriations are subject to the management and budget act, ensuring compliance with established financial regulations. The new legal language inserted into the bill includes provisions for the department and general sections that clarify the appropriations and their management.