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Senate approves insurance department budget and merges securities division into the department
3026165 · April 16, 2025
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Summary
House Bill 10‑10 passed the Senate unanimously, authorizing the transfer of the securities division into the Insurance Department, adding staff and fee changes to fund oversight, and increasing certain staff salary allocations; final passage was 47‑0.
MADAM PRESIDENT — The Senate gave final passage to House Bill 10‑10, the appropriation bill for the Insurance Department, which incorporates the securities division into the department and includes fee adjustments to support regulatory work.
Senator…
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