2023 Senate Bill 196

Appropriations: department of insurance and financial services; appropriations for fiscal year 2023-2024; provide for.

A bill to make appropriations for the department of insurance and financial services for the fiscal year ending September 30, 2024; and to provide for the expenditure of the appropriations.

Mackinac Center Analysis

An appropriations bill for the Department of Insurance and Financial Services for FY '24.

Introduced in the Senate

March 15, 2023

Introduced by Sen. Mary Cavanagh (D-6)

Referred to the Committee on Appropriations

April 26, 2023

Reported with substitute S-1

April 27, 2023

Referred to the Committee of the Whole

May 9, 2023

Reported with substitute S-1

Substitute S-1 concurred in by voice vote

Amendment offered by Sen. Lana Theis (R-22)

1. Amend page 9, line 6, after “214.” by striking out the balance of the line through “officer.” on line 14 and inserting “By September 30, 2024, the department shall identify three internal departmental policies pertaining to staffing or public relations and publish these policies and related materials on a publicly accessible website. The department shall notify the subcommittees upon publication.”.

The amendment failed by voice vote

Amendment offered by Sen. Lana Theis (R-22)

1. Amend page 3, line 14, after “91.0” by striking out “13,329,100” and inserting “13,829,100”.

2. Amend page 15, following line 16, by inserting:

“Sec. 308. From the funds appropriated in part 1 for consumer services and protection, $500,000 shall be used to fund the activities of the fraud investigation unit. These funds are appropriated in addition to the amount of funds expended by the unit in Fiscal Year 2021-22.”

and adjusting the subtotals, totals, and section 201 accordingly.

The amendment failed 18 to 20 (details)

Amendment offered by Sen. Lana Theis (R-22)

1.

Amend page 10, following line 16, by inserting:

“Sec. 218. If the state administrative board, acting under section 3 of 1921 PA 2, MCL 17.3, transfers funds from an amount appropriated under this article, the legislature may, by a concurrent resolution adopted by a majority of the members elected to and serving in each chamber, intertransfer funds within this article for the particular department, board, commission, officer, or institution.”

The amendment failed by voice vote

Passed in the Senate 20 to 18 (details)

Received in the House

May 10, 2023

Referred to the Committee on Appropriations