This bill appropriates funds to the North Dakota insurance commissioner for the biennium from July 1, 2025, to June 30, 2027, with a total budget of $17,214,541. The appropriation includes base level enhancements for salaries and wages, operating expenses, capital assets, and grants. Notably, it introduces a new section requiring a government self-insurance pool to report to the legislative management every even-numbered year, detailing its activities, claims history, and compensation for executive staff and board members. Additionally, the bill allows for the transfer of funds within the budget and mandates reporting on any additional federal funds received.

The bill also amends the salary structure for the insurance commissioner, increasing the annual salary to $139,256 through June 30, 2026, and to $143,434 thereafter. This change reflects a shift from the previous salary of $130,000. The legislation emphasizes the importance of transparency and accountability in the operations of the government self-insurance pool and ensures that the insurance commissioner has the necessary resources to fulfill their responsibilities effectively.

Statutes affected:
Prepared by the Legislative Council staff for House Appropriations - Government Operations Division Committee: 26.1-01-09
FIRST ENGROSSMENT: 26.1-01-09