Relates to the appropriation to the to the Department of Insurance for fiscal year 2026.
APPROPRIATIONS -- DEPARTMENT OF INSURANCE -- Relates to the appropriation to the to the Department of Insurance for fiscal year 2026.
STATEMENT OF PURPOSE
Relates to the appropriation to the to the Department of Insurance for fiscal year 2026. was introduced in the 2025 Idaho Legislative Session by . This bill is categorized under general legislation. The most recent floor vote was 35-33 (passed). View the full bill text and voting record on the Idaho Legislature website.
FISCAL NOTE
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This appropriation provides an additional $533,400 to the maintenance appropriation provided to the Department of Insurance found in Senate Bill 1109. Table 1 show incremental adjustments to the budget found in this bill, of which the ongoing increase is $365,200 and the onetime increase is $168,200. Table 2 shows all the adjustments leading to the FY 2026 Total. The total budget for the Department of Insurance is $12,093,100. Table 1 FTP Gen Ded Fed Total 1. Staff Actuary 1.00 0 201,900 0 201,900 2. Regulatory Compliance Specialist 1.00 0 121,200 0 121,200 3. State Fire Marshal Comp. Increase 0.00 0 48,100 0 48,100 Replacement Items 0.00 0 162,200 0 162,200 FY 2026 Enhancements 2.00 0 533,400 0 533,400 % Chg from FY 2026 Maintenance 2.6% 4.9% 4.6% Table 2 FTP Gen Ded Fed Total FY 2025 Original Appropriation 75.50 0 10,920,100 735,200 11,655,300 Executive Carry Forward 0.00 0 94,000 0 94,000 FY 2025 Estimated Expenditures 75.50 0 11,014,100 735,200 11,749,300 Removal of Onetime Expendi
HOW THEY VOTED
Senate Third Reading
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YEA (23)
ABSENT / NOT VOTING (1)
House Third Reading
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YEA (35)
NAY (33)
ABSENT / NOT VOTING (2)
LATEST ACTION
Session Law Chapter 134 Effective: 07/01/2025
BILL INFO
- Session
- 2025
- Chamber
- senate
- Status date
- Mar 19, 2025
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