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2021 Senate Bill 87: Appropriations: 2021-22 Department of Insurance and Financial Services budget
Introduced by Sen. Aric Nesbitt (R) on February 2, 2021
To provide a template or "place holder" for a potential Department of Insurance and Financial Service budget for the 2021-2022 fiscal year. This bill contains nominal appropriations only, but may be amended at a later date to include real ones.   Official Text and Analysis.
Referred to the Senate Appropriations Committee on February 2, 2021
Reported in the Senate on May 6, 2021
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Amendment offered by Sen. Sylvia Santana (D) on May 11, 2021
To authorize three additional non-unionized "unclassified" employees hired by the department director. These tend to be more "political" type positions involved in communications, legislative relations and matters that are not amenable to non-political "civil service" positions. Also, to add more regular staff and spending for financial institution and consumer protection regulation.
The amendment failed 15 to 20 in the Senate on May 11, 2021.
    See Who Voted "Yes" and Who Voted "No".
The Senate version of Department of Insurance and Financial Services budget for the fiscal year that begins Oct. 1, 2021. This would appropriate $75.9 million in gross spending, all state money not federal.
Received in the House on May 13, 2021
Substitute offered in the House on May 19, 2021
The substitute passed by voice vote in the House on May 19, 2021
To send back to the Senate a substitute version of the bill that is "stripped" of all actual appropriations, and instead authorizes just $100 “placeholders.” This is part of a process for reconciling the House and Senate-passed department budgets for the next fiscal year.
Received in the Senate on May 25, 2021
Received in the Senate on June 10, 2021

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