Mississippi 2023 Regular Session

Mississippi House Bill HB1605

Introduced

2/13/23

Refer

2/13/23

Engrossed

2/15/23

Refer

2/20/23

Enrolled

3/31/23

Passed

4/19/23

Caption

Appropriation; Insurance, Department of.

Impact

The successful passage of HB 1605 allows the Mississippi Department of Insurance to continue to uphold its responsibilities and service to the public by providing necessary funding for positions, programs, and projects. Notably, the bill ensures that various functions, such as fire marshal activities and licensing of insurance professionals, receive adequate financial resources. This funding is critical to ensuring compliance with the state's insurance regulations and maintaining the integrity of insurance offerings throughout Mississippi.

Summary

House Bill 1605 makes an appropriation for the purpose of defraying expenses of the Mississippi Department of Insurance for the fiscal year 2024. The bill allocates a total of $16,169,614 from the State General Fund and an additional $335,000 from special source funds available to the department. This funding is essential for the department's operations, which include licensing, regulation, and the enforcement of insurance laws, as well as support for various programs meant to enhance fire safety and insurance education within the state.

Sentiment

Overall, the sentiment surrounding House Bill 1605 appears to be supportive, as the funding it provides is viewed as necessary to sustain and improve the operations of the Department of Insurance. Legislators recognized the importance of the department's roles in promoting public safety and ensuring that the insurance market operates effectively. Concerns were likely minimal during discussions since the appropriation is essential for the state's regulatory framework and public trust in insurance.

Contention

Despite the straightforward nature of appropriations, any contention surrounding HB 1605 could emerge from debates over the specific allocation of funds, such as preferences given to safety programs or the appropriateness of salary structures for employees within the department. Additionally, scrutiny may arise regarding any limitations placed on the use of funds for administrative versus operational expenses. Transparency regarding how funds are utilized and ensuring fiscal responsibility is likely to remain important points in future discussions.

Latest MS HB1605 Activity

View All Events: MS 2023 Regular Session HB1605

Companion Bills

No companion bills found.

Previously Filed As

MS HB1911

Appropriation; Insurance, Department of.

MS HB22

Appropriation; Insurance, Department of.

MS HB1744

Appropriation; Insurance, Department of.

MS SB2044

Appropriation; Finance and Administration, Department of.

MS SB3049

Appropriation; Finance and Administration, Department of.

MS HB42

Appropriation; Education, Department of.

MS HB1768

Appropriation; Education, Department of.

MS SB3067

Appropriation; Public Safety, Department of.

MS HB1935

Appropriation; Education, Department of.

MS HB986

Insurance Department Fraud Detection Trust Fund; rename Insurance Department Fund and redesignate as a special fund.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.