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Insurance budget approved; committee adds reporting requirement on NDERF activity
Summary
House Bill 1010, the Insurance Department budget, passed as amended; the committee inserted statutory language requiring reporting to the legislature about the North Dakota political subdivision risk fund (NDERF) activity and claims follow-up.
The Appropriations Committee recommended a do-pass on House Bill 1010, the insurance department budget, and adopted an amendment that adds several reporting provisions, one-time equipment purchases for the Fire Marshal and language requiring the department to accept federal grants and report to OMB and legislative council as funds become available.
Representative Meyer presented the insurance budget and said it adds funding for base payroll changes, a 3-and-3 salary/benefit adjustment, and a $90,000 one-time request from the Insurance Regulatory Trust Fund for an $80,000 portable x-ray machine and…
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