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Committee debates keeping Department of Financial Institutions budget alive while Senate Bill 2028 moves through Legislature
Summary
Members of the Appropriations Committee discussed whether to prepare a full budget for the Department of Financial Institutions while Senate Bill 2028 — a continuing-appropriation vehicle — awaits action in the House. Fiscal staff advised preparing a budget but offered a $0-appropriation workaround to preserve flexibility.
The Appropriations - Government Operations Division committee discussed whether to maintain a separate budget for the Department of Financial Institutions while Senate Bill 2028 (a continuing-appropriation proposal) moves through the legislative process.
Committee Chair (unnamed) said the session faces an unusual choice because “we are looking at providing a continuing appropriation” under SB 2028 and asked how the committee should proceed if the bill’s fate…
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