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Committee reviews Senate changes to HB 1010 budget, including new attorney FTE, securities transfer and fee updates
Summary
Members of the House Appropriations - Government Operations Division discussed Senate amendments to the HB 1010 budget that add an attorney FTE for the fire marshal division, move 10 securities FTEs (and operating costs) into the insurance division, reduce requested attorney equity funding and update fees in section 5.
Members of the House Appropriations - Government Operations Division met in a conference-committee session to review Senate changes to the budget contained in House Bill 1010, focusing on staffing moves, equity pay adjustments and updated fees for the securities division.
Senator Sickler, explaining the Senate’s changes, said the Senate added “1 FTE attorney position” intended to be the primary attorney for the fire marshal division and a secondary attorney for fraud prosecution and other enforcement work. He said the committee compared the requested duties with existing attorneys’ workloads and concluded “there was enough work load to, to justify that FTE.”
The Senate moved 10 FTEs from the securities division into the insurance department budget “as it existed,”…
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