SB23

This bill is an appropriations act for the Arkansas Department of Commerce - State Insurance Department for the fiscal year ending June 30, 2025. It establishes the maximum number of regular and temporary employees for the department and defines their salary grades. The act provides specific funding allocations for various operational divisions, including general operations, funeral services, fraud investigation units, and prepaid funeral benefits programs. It outlines expenditures for personal services, operating expenses, professional fees, capital outlay, and travel. The total appropriations are sourced from various specialized state trust and cash funds dedicated to insurance department activities. The bill functions as a standard budget authorization to ensure the department has the necessary personnel and financial resources to perform its regulatory and oversight duties for the upcoming fiscal year.