Department of Commerce and Insurance Budget Request Fiscal Year 2024

2022·5.1 MB·English

by  Missouri Department of Commerce and Insurance

FISCAL YEAR 2024
BUDGET REQUEST
DCI
Missouri Department of Commerce & Insurance
Michael L. Parson Chlora Lindley-Myers
Governor Director
Missouri Department of Commerce and Insurance
FY 2024 Budget Request

TABLE OF CONTENTS
DEPARTMENT INFORMATION
Department Overview ..................................................................................................................................................................................................... 1
Department Placemat ..................................................................................................................................................................................................... 2
State Auditor’s Reports, Oversight Evaluations, Federal Audits/Reviews and Missouri Sunset Act Reports................................................................ 3

DEPARTMENT ADMINISTRATION
Core - Department Administration .................................................................................................................................................................................. 4
Core - Department Administration Transfer ................................................................................................................................................................ 13

INSURANCE
Core - Insurance Operations ........................................................................................................................................................................................ 19
Core - Health Insurance Counseling ............................................................................................................................................................................ 36

DIVISION OF CREDIT UNIONS
Core - Division of Credit Unions ................................................................................................................................................................................... 44

DIVISION OF FINANCE
Core - Division of Finance ............................................................................................................................................................................................ 53
Core - Savings and Loan Supervision Fund Transfer to Finance Fund ....................................................................................................................... 65
Core - Residential Mortgage Licensing Fund Transfer to Finance Fund ..................................................................................................................... 71
Core - Savings and Loan Supervision Fund Transfer to General Revenue ................................................................................................................. 77

DIVISON OF PROFESSIONAL REGISTRATION
Core - Professional Registration Administration ........................................................................................................................................................... 83
Core - State Board of Accountancy ............................................................................................................................................................................ 171
Core - State Board of Architects, Prof. Engineers, Prof. Land Surveyors, and Landscape Architects ...................................................................... 179
Core - State Board of Chiropractic Examiners ........................................................................................................................................................... 187
Core - State Board of Cosmetology and Barbers Examiners ..................................................................................................................................... 195
Core - Missouri Dental Board ..................................................................................................................................................................................... 203
Core - State Board of Embalmers and Funeral Directors........................................................................................................................................... 211
Core - State Board of Registration for the Healing Arts ............................................................................................................................................. 219
Core - State Board of Nursing .................................................................................................................................................................................... 228
Core - State Board of Optometry ................................................................................................................................................................................ 237
Core - State Board of Pharmacy ................................................................................................................................................................................ 245
Core - State Board of Podiatric Medicine ................................................................................................................................................................... 253
Core - Missouri Real Estate Commission ................................................................................................................................................................... 261
Core - Missouri Veterinary Medical Board .................................................................................................................................................................. 270
Core - Professional Registration Funds Transfer to General Revenue ...................................................................................................................... 278
Core - Professional Registration Funds Transfer to Professional Registration Fees ................................................................................................. 285
Core - Transfer for Startup Loans for New Board Programs ...................................................................................................................................... 292
Core - Transfer for Startup Loans Payback ................................................................................................................................................................ 298
Missouri Department of Commerce and Insurance
FY 2024 Budget Request

OFFICE OF THE PUBLIC COUNSEL
Core - Office of the Public Counsel ............................................................................................................................................................................ 304

PUBLIC SERVICE COMMISSION
Core - Manufactured Housing .................................................................................................................................................................................... 313
Core - Manufactured Housing Consumer Recovery Transfer .................................................................................................................................... 321
Core - Public Service Commission Regulatory .......................................................................................................................................................... 327
Core - Relay Missouri Program and Equipment Distribution Program ....................................................................................................................... 338

LEGAL EXPENSE FUND TRANSFER
Core - State Legal Expense Fund Transfer ................................................................................................................................................................ 346
DCI
Missouri Department of Commerce & Insurance
The Department of Commerce and Insurance (DCI) protects Missouri consumers through our oversight of the insurance industry, banks, credit unions, utilities and various
professional licensees operating in the state. DCI’s strategic priority is to educate and advocate for Missourians as well as regulate fairly and impartially the industries and
professionals under our purview. DCI is organized into the director’s office, which oversees the department, and nine divisions:
INSURANCE CONSUMER AFFAIRS DIVISION DIVISION OF CREDIT UNIONS
 Acts as a liaison between the consumer and the insurance industry by receiving  Examines and oversees Missouri’s 91 state-chartered credit unions.
complaints against insurance companies, insurance producers (agents) and other  Responds to consumer complaints concerning credit union services or operations.
licensees.
 Investigates complaints to ensure consumers are being treated fairly under the law. DIVISION OF FINANCE
 Conducts education and outreach to Missouri consumers about insurance topics.  Examines and oversees Missouri’s 209 state-chartered banks, non-deposit trust
companies and savings and loan associations to ensure their safety and soundness so
INSURANCE MARKET REGULATION DIVISION consumers’ deposits are safe and the public is confident in Missouri’s financial
 Reviews insurance policy forms and materials to ensure compliance with Missouri system.
laws and regulations.  Licenses and regulates consumer credit companies, credit services organizations,
 Conducts market analysis as well as market conduct investigations and examinations money order companies, mortgage companies and mortgage loan originators.
of insurance companies to protect policy holders and ensure laws are followed.
 Monitors Missouri’s insurance market through the collection and compilation of DIVISION OF PROFESSIONAL REGISTRATION
 Supports 41 professional licensing boards, commissions, committees and offices in
statistical data obtained from industry.
licensing and regulating the activities of Missouri professionals.
INSURANCE COMPANY REGULATION DIVISION  The boards, commissions, committees and offices process applications, administer
 Monitors and analyzes the financial solvency of insurance companies licensed in examinations and, when warranted, conduct investigations into possible
Missouri to ensure consumer claims can be paid. professional misconduct and may take disciplinary action against the practitioner.
 Licenses and regulates captive insurance companies, authorized reinsurance
PUBLIC SERVICE COMMISSION
companies and other insurance-related entities.
 Independently governed commission that regulates investor-owned electric, natural
 Reviews all premium tax, surplus lines tax and captive premium tax filings.
gas, steam, water and sewer utilities in Missouri.
ADMINISTRATION DIVISION
OFFICE OF THE PUBLIC COUNSEL
 Provides general operational support within DCI including preparation of DCI’s
 Represents the public and the interests of utility customers in proceedings before
annual budget, fiscal management of state insurance funds and federal grants,
the Missouri Public Service Commission and in appeals of Public Service Commission
oversight of human resources and information technology coordination.
decisions.
 Licenses insurance producers (agents and agencies) operating within Missouri as well
 Provides guidance to landowners seeking information regarding the condemnation
as licenses and registers various other insurance-related entities.
process and procedures.
 Oversees the CLAIM program, which provides free counseling for Missouri Medicare
recipients and their caregivers.
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MISSOURI
Department of Commerce & Insurance
Missouri Department of Commerce & Insurance
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Missouri Department of Commerce and Insurance
State Auditor's Reports, Oversight Evaluations, Federal Audits/Reviews and Missouri Sunset Act Reports within the last three years
Type of Date
Program or Division Name Report Issued Website Link
Department of Commerce and Insurance - Insurance Audit 07/2022 https://auditor.mo.gov/AuditReport/CitzSummary?id=928
Department of Commerce and Insurance - Insurance Audit 08/2021 https://auditor.mo.gov/AuditReport/CitzSummary?id=887
Department of Commerce and Insurance - Insurance Audit 09/2020 https://auditor.mo.gov/AuditReport/CitzSummary?id=834
CORE DECISION ITEM
Department of Commerce and Insurance Budget Unit 37502C
Core - Department Administration HB Section 7.400
1. CORE FINANCIAL SUMMARY
FY 2024 Budget Request FY 2024 Governor's Recommendation
GR Federal Other Total GR Federal Other Total
PS 0 0 212,568 212,568 PS 0 0 0 0
EE 0 0 47,338 47,338 EE 0 0 0 0
PSD 0 0 0 0 PSD 0 0 0 0
TRF 0 0 0 0 TRF 0 0 0 0
Total 0 0 259,906 259,906 Total 0 0 0 0
FTE 0.00 0.00 3.07 3.07 FTE 0.00 0.00 0.00 0.00
Est. Fringe I 0 I 0 I 125,394 I 125,394 Est. Fringe I 0 I 0 I 0 I 0
Note: Fringes budgeted in House Bill 5 except for certain fringes Note: Fringes budgeted in House Bill 5 except for certain fringes
budgeted directly to MoDOT, Highway Patrol, and Conservation. Ib udgeted directly to MoDOT, Highway Patrol, and Conservation. I
Other Funds: DCI Administrative Fund (0503) Other Funds:
2.CORE DESCRIPTION
This coresupports a portion of department administration FTE providing department-wide direction and assistance to departmentdivisions through legislative
coordination, communications, human resources, accounting, budget, operational excellence and continuous improvement programs.
3. PROGRAM LISTING (list programs included in this core funding)
Department Administration
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CORE DECISION ITEM
Department of Commerce and Insurance Budget Unit 37502C
Core - Department Administration HB Section 7.400
4. FINANCIAL HISTORY
FY 2020 FY 2021 FY 2022 FY 2023
Actual Expenditures (All Funds)
Actual Actual Actual Current Yr.
Appropriation (All Funds) 172,588 174,622 176,030 262,406 200,000
Less Reverted (All Funds) 0 0 0 0
Less Restricted (All Funds) 0 0 0 0
180,000
Budget Authority (All Funds) 172,588 174,622 176,030 262,406
Actual Expenditures (All Funds) 135,057 141,987 144,144 N/A 160,000
Unexpended (All Funds) 37,531 32,635 31,886 N/A 141,987 14-4,144
135,057
140,000
iii-
Unexpended, by Fund:
General Revenue 0 0 0 N/A
120,000
Federal 0 0 0 N/A
Other 37,531 32,635 31,886 N/A
(1) (2) (3) 100,000
FY 2020 FY 2021 FY 2022
Reverted includes the statutory three percent reserve amount (when applicable).
Restricted includes any Governor's expenditure restrictions which remained at the end of the fiscal year (when applicable).
NOTES:
(1) Unexpended amount is primarily due to less than anticipated expense and equipment spending.
(2) Unexpended amount is primarily due to less than anticipated expense and equipment spending.
(3) Unexpended amount is primarily due to less than anticipated expense and equipment spending.
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CORE RECONCILIATION DETAIL
DEPT OF COMMERCE AND INSURANCE
DEPT ADMINISTRATION
5. CORE RECONCILIATION DETAIL
Budget
Class FTE GR Federal Other Total Explanation
TAFP AFTER VETOES
PS 3.07 0 0 212,568 212,568
EE 0.00 0 0 49,838 49,838
Total 3.07 0 0 262,406 262,406
DEPARTMENT CORE ADJUSTMENTS
1x Expenditures 1470 3653 EE 0.00 0 0 (2,500) (2,500) Remove one-time expenditures
Core Reallocation 1458 3652 PS 0.00 0 0 0 0
NET DEPARTMENT CHANGES 0.00 0 0 (2,500) (2,500)
DEPARTMENT CORE REQUEST
PS 3.07 0 0 212,568 212,568
EE 0.00 0 0 47,338 47,338
Total 3.07 0 0 259,906 259,906
GOVERNOR'S RECOMMENDED CORE
PS 3.07 0 0 212,568 212,568
EE 0.00 0 0 47,338 47,338
Total 3.07 0 0 259,906 259,906
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DCI DECISION ITEM SUMMARY
Budget Unit
Decision Item FY 2022 FY 2022 FY 2023 FY 2023 FY 2024 FY 2024 ************* *************
Budget Object Summary ACTUAL ACTUAL BUDGET BUDGET DEPT REQ DEPT REQ SECURED SECURED
Fund DOLLAR FTE DOLLAR FTE DOLLAR FTE COLUMN COLUMN
DEPT ADMINISTRATION
CORE
PERSONAL SERVICES
DCI ADMINISTRATIVE 138,121 1.86 212,568 3.07 212,568 3.07 0 0.00
TOTAL - PS 138,121 1.86 212,568 3.07 212,568 3.07 0 0.00
EXPENSE & EQUIPMENT
DCI ADMINISTRATIVE 6,023 0.00 49,838 0.00 47,338 0.00 0 0.00
TOTAL - EE 6,023 0.00 49,838 0.00 47,338 0.00 0 0.00
TOTAL 144,144 1.86 262,406 3.07 259,906 3.07 0 0.00
GRAND TOTAL $144,144 1.86 $262,406 3.07 $259,906 3.07 $0 0.00
9/26/22 11:46
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