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House committee hears FY2026 budget overviews for LARA and DIFS; members seek more detail on $33 million occupational regulation line
Summary
A fiscal analyst briefed the committee on LARA’s $626 million FY26 appropriation and DIFS’s largely fee-funded $79.4 million budget; members questioned general-fund uses for departmental grants and requested breakdowns of a $33 million occupational regulation line and fee histories for regulated industries.
A House committee reviewed fiscal year 2026 budget overviews for the Department of Licensing and Regulatory Affairs (LARA) and the Department of Insurance and Financial Services (DIFS) during a meeting that opened with roll call and the adoption of December minutes.
Una Jokovich, the committee’s fiscal analyst for LARA and DIFS, presented the department-level funding history and FY26 appropriation figures. "So again, about 46% of LARA budget is state restricted and about 44% is general fund this year," Jokovich said, summarizing the composition of LARA’s roughly $626,000,000 appropriation. She told members that approximately 42% of LARA’s budget supports grants (largely MIDC grants), and that appropriations across FY22–FY26 rose by about 21% while FTE authorizations declined modestly.
Jokovich outlined specific FY26 changes: the budget shows a roughly $22.3 million general-fund reduction in MIDC grants, elimination of 22 unfunded FTE authorizations, and several net-zero transfers that reorganized line items. She also flagged six one-time appropriations totaling $6,600,000 and listed…
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