FY 2022-23 INSURANCE AND FINANCIAL SERVICES BUDGET S. B.835 (S-1): SENATE APPROPRIATIONS REC.
Senate Bill 835 (S-1 as reported) Throughout this document Senate means Appropriations Committee.
Committee: Appropriations
*As of April 12, 2022.
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|
Gross |
GF/GP |
|
FY 2021-22 Year-to-Date Appropriation................................................. |
$72,987,600 |
$0 |
|
|
|
|
|
1. Auto No-Fault Insurance Market Conduct Study. The Governor included $5.0 million GF/GP one-time funding for a study of auto insurers to ensure that practices and policies meet statutory requirements. The Senate included $100 from the Insurance Bureau Fund. |
100 |
0 |
|
2. Behavioral Health Parity Review. The Governor included $1.0 million GF/GP one-time for a review of the health insurance market to ensure compliance with behavioral health parity requirements. The Senate included $100 from the Insurance Bureau Fund. |
100 |
0 |
|
3. FTE Changes. The Governor included 9.0 additional FTEs in three units: Consumer Services and Protection (3.0 FTEs), Financial Institutions Evaluation (2.0 FTEs), and Insurance Evaluation (4.0 FTEs). No additional appropriation was requested. The Governor also shifted 7.0 FTEs from Consumer Services and Protection to Insurance Evaluation. The Senate did not include the increases and reduced FTEs to reflect FTE levels reported for the First Quarter FY 2022. The Senate also adjusted these FTEs to reflect the proportional allocation of the Governor's Recommendation. |
0 |
0 |
|
4. Economic Adjustments. Includes $1.3 million Gross and $0 GF/GP for total economic adjustments, of which an estimated negative $538,400 Gross and $0 GF/GP is for legacy retirement costs (pension and retiree health). |
1,347,900 |
0 |
|
5. Comparison to Governor's Recommendation. The Senate is $5,999,800 Gross and $6,000,000 GF/GP under the Governor |
|
|
|
Total Changes...................................................................................... |
$1,348,100 |
$0 |
|
FY 2022-23 Senate Appropriations Committee Recommendation....... |
$74,335,700 |
$0 |
|
FY 2022-23 Boilerplate Changes from FY 2021-22 Year-to-Date: |
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1. Disciplinary Action. The Governor deleted and declared unenforceable language prohibiting the Department from taking disciplinary action against an employee for communicating with the Legislature unless otherwise prohibited by law. The Senate retained. (Sec. 206) |
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2. Reimbursement for Legal Services. The Governor included language prohibiting departments and agencies from hiring outside council for legal services that are the responsibility of the Attorney General. The Senate revised to permit such use and allow departments to request reimbursement from Attorney General appropriations for this purpose. (Sec. 208) |
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3. Contingency Authorizations. The Governor revised "authorization" to "funds" and increased amounts to the following levels: Federal - $1.0 million; State Restricted - $5.0 million. The Senate deleted the section. (Sec. 210) |
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4. FTE and Remote Work Report. The Governor deleted a section requiring the department to submit a quarterly report on FTEs and remote work. The Senate retained. (Sec. 216) |
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5. Work Project Authorization Requirement. The Governor deleted and declared unenforceable language that prohibited the department from expending funds until all existing work project authorization available for the same purpose were exhausted. The Senate retained. (Sec. 217) |
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6. Ad Board Transfers. The Governor deleted and declared unenforceable language that allowed for the intertransfer of funds by the Legislature under certain conditions if those funds had been previously transferred by the State Administrative Board. The Senate retained. (Sec. 218) |
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7. Report Retention. The Governor deleted language requiring the Department to retain all reports funded from part 1 appropriations and to follow related state and federal guidelines. The Senate retained. (Sec. 219) |
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8. Policy Change Reporting Requirement. The Governor deleted a report that required the Department to specify policy changes made to implement enacted legislation in the previous fiscal year. The Senate retained. (Sec. 220) |
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9. Severance Pay Reports. The Governor deleted reporting and webpage requirements related to severance pay for certain department officials. The Senate retained. (Sec. 221) |
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10. COVID-19 Vaccine Passport. The Governor deleted prohibitions on certain government agencies or bodies from requiring a vaccine or vaccine passport as well as other vaccine-related language. The Senate retained. (Sec. 222) |
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11. TV and Radio Productions. The Governor deleted language requiring the Department to submit a report on payments for TV and radio productions made to third-party vendors. The Senate retained. (Sec. 224) |
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12. Insurance Bureau Fund. The Governor deleted language permitting use of the Insurance Bureau Fund for legislative participation in activities coordinated by insurance associations; permissions are contained in statute. The Senate retained. (Sec. 225) |
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13. Rate Filing Report. The Governor deleted required report detailing health insurance rate filings. The Senate retained. (Sec. 301) |
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14. Conservatorship and Insurance Liquidation Funds. The Governor deleted the $400,000 appropriations cap on funds collected in relation to conservatorships, corporate liquidation, and the sale of customized listings of nonconfidential information. The Senate deleted both sections. (Secs. 302 and 303) |
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15. Annual Report Transmission. The Governor deleted language requiring electronic transmission of the Annual Report directly to the relevant subcommittees, fiscal agencies, and State Budget Director. The Senate retained. (Sec. 306) |
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16. Marijuana Banking Guidance. The Governor deleted a requirement that DIFS update examination manuals and letters of guidance to state-chartered financial institutions as necessary with relation to providing financial services to marijuana businesses, as marijuana is still illegal at the federal level. The Senate retained. (Sec. 307) |
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17. Health Care Claims Database Criteria. The Governor deleted this section as the referenced database does not currently exist. The Senate retained. (Sec. 308) |
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18. NEW - Audit Progress. The Senate included a section requiring the department to report audit findings within 180 days after audit start with some allowance for an extension, take all reasonable steps to complete audits within the fiscal year in which they began, and to finalize any audits begun before Oct. 1, 2020 prior to initiating any new audits in FY 2022-23 . (Sec. 309) |
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19. NEW - Audit Findings Report. The Senate included a section requiring the department to post on its website and submit to the subcommittees and fiscal agencies a report listing all audits since April 30, 2018 and including certain information pertaining to those audits. (Sec. 311) |
Date Completed: 4-26-22 Fiscal Analyst: Elizabeth Raczkowski
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.