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SF 2385: Administration/Regulation Budget

Description

Appropriates $50.1 million to various state agencies for the state fiscal year beginning July 1, 2022 (FY23).  This is a decrease of $99.5 million (most of this is attributed to elimination of $100 million in one-time broadband grants).  Adds some funds for cybersecurity for banking and credit unions ($100,000) and increases funding for Insurance Commissioner to address more complaints from older Iowans after passage of financial exploitation legislation ($45,000) and enforce pharmaceutical benefit manager (PBM) compliance if HF 2384 is signed into law ($200,000).  Adds $318,900 to health facilities division to begin to clear backlog in inspections created during pandemic.  No change in funding for the Office on the Status of Women, Office of Persons with Disabilities, Office of Deaf Services, and other Department of Human Rights divisions.  Takes effect July 1, 2022. More detail at: www.legis.iowa.gov/docs/publications/NOBA/1291283.pdf.

Status:
Recent Actions
Position: Track
Topic/Subject: Budgets

Last Modified: 08/08/2022

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