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Budget Summary FY2017

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Division of Insurance
Data Current as of:  8/9/2016





FISCAL YEAR 2017 BUDGET SUMMARY ($000)
ACCOUNT FY2017
Conference
FY2017
Vetoes
FY2017
Overrides
FY2017
GAA
Division of Insurance 13,612 0 0 13,612
Health Care Access Bureau Assessment 1,062 0 0 1,062
TOTAL    14,675 0 0 14,675

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account description amount
DIVISION OF INSURANCE 14,674,565
 
7006-0020 Division of Insurance
For the operation of the division of insurance, including the expenses of the board of appeal on motor vehicle policies and bonds, the associated fringe benefits costs for personnel paid from this item, certain other costs of supervising motor vehicle liability insurance and the expenses of the fraudulent claims board; provided, that notwithstanding any general or special law to the contrary, 100 per cent of the amount appropriated in this item and the associated fringe benefits costs for personnel paid from this item shall be assessed upon the institutions which the division currently regulates pursuant to general or special laws or regulations, except for licensed business entity producers; and provided further, that the assessment shall be in addition to any assessments currently assessed upon those institutions
13,612,080
7006-0029 Health Care Access Bureau Assessment
For the operation of the health care access bureau in the division of insurance; provided, that the full amount appropriated in this item and the associated fringe benefits costs for personnel paid from this item, shall be assessed upon the carriers licensed pursuant to chapters 175, 176A, 176B, and 176G of the General Laws, as provided in section 7A of chapter 26 of the General Laws
1,062,485

account description amount