AN ACT to provide an appropriation for defraying the expenses of the insurance commissioner; to create and enact a new section to chapter 26.1-23.1 of the North Dakota Century Code, relating to a government self-insurance pool report; to amend and reenact subsection 8 of section 10-04-10 and section 26.1-01-09 of the North Dakota Century Code, relating to fees charged by the securities division and the salary of the insurance commissioner; and to provide for a legislative management report.

Increased total appropriation from $17.2 million to $20.8 million, with salary and wage funding rising from $11.8 million to $14.7 million and operating expenses increasing from $2.6 million to $3.3 million.

Added 10 new full-time equivalent positions to the insurance commissioner's budget, increasing the total from 47 to 57 FTEs.

Increased one-time funding for radios, x-ray machines, and accrued leave from $90,000 to $140,000.

Raised securities registration fees: broker-dealers from $200 to $240, agents from $60 to $75, investment advisers from $100 to $120, and investment adviser representatives from $50 to $60.

Updated salary schedule to reflect new compensation levels effective through June 30, 2026, with the commissioner's salary increasing from $130,000 to $135,200 and then to $143,434.

Added new requirement for government self-insurance pools to submit annual reports to legislative management by September 30th of each even-numbered year.