CONSUMER AFFAIRS AND BUSINESS REGULATION
Consumer Affairs and Business Regulation
FISCAL YEAR 2008 RESOURCE SUMMARY ($000)
DEPARTMENT FY 2008
Budgetary
Recommendations
FY 2008
Federal, Trust,
and ISF
FY 2008
Total
Spending
FY 2008
Budgetary
Non-Tax Revenue
Consumer Affairs and Business Regulation 1,756 895 2,652 0
Division of Banks 12,240 0 12,240 15,355
Division of Insurance 11,560 2,515 14,075 66,619
Division of Professional Licensure 4,146 6,228 10,374 14,208
Division of Standards 1,866 0 1,866 2,185
Department of Telecommunications and Cable 2,446 0 2,446 0
State Racing Commission 2,081 6,250 8,331 3,914
TOTAL 36,096 15,888 51,984 102,282

account description amount
CONSUMER AFFAIRS AND BUSINESS REGULATION 2,651,533
Budgetary Direct Appropriations 1,756,235
7006-0000 Office of Consumer Affairs and Business Regulation 1,756,235

account description amount
Trust and Other Spending 895,298
9200-0140 Gifts and Donations - Consumer Affairs 14,168
9200-0300 Residential Contractors Guaranty Fund 881,130

 

 

account description amount
DIVISION OF BANKS 12,240,355
Budgetary Direct Appropriations  
7006-0010 Division of Banks 12,240,355

 

 

account description amount
DIVISION OF INSURANCE 14,075,320
Budgetary Direct Appropriations 11,560,219
7006-0020 Division of Insurance 10,960,219
7006-0029 Health Care Access Bureau Assessment 600,000

account description amount
Trust and Other Spending 2,515,101
7006-0031 Prudential Insurance Settlement Trust 34,392
7006-0032 Hancock Settlement Trust 33,646
7006-0037 Ancillary Receivership Trust 22,111
7006-0038 AAA Life Insurance Settlement Trust 2,640
7006-0039 UNUM Provident Settlement Trust 591,468
9222-7500 Medical Malpractice Analysis Bureau 520,401
9222-7650 Workers' Compensation Rating Bureau Trust Fund 895,130
9222-7900 State Rating Bureau Medical Malpractice Insurance Trust 415,313

 

 

account description amount
DIVISION OF PROFESSIONAL LICENSURE 10,373,504
Budgetary Direct Appropriations 4,145,986
7006-0040 Division of Professional Licensure 4,145,986

account description amount
Trust and Other Spending 6,227,518
7006-0056 Division of Professional Licensure 50/50 Trust 5,999,027
7006-0500 Insurance Fraud Law - Private Passenger Motor Vehicle Liability Policy 200,000
9230-0003 Board of Real Estate Brokers and Sales 8,565
9230-0005 Council of Licensure, Enforcement and Reinforcement Trust 19,926

 

 

account description amount
DIVISION OF STANDARDS 1,865,697
Budgetary Direct Appropriations  
Direct Appropriations
7006-0060 Division of Standards 746,797
7006-0066 Item Pricing Inspections 300,000

account description amount
Retained Revenues
7006-0067 Weights and Measures Law Enforcement Fee Retained Revenue 458,900
7006-0068 Motor Vehicle Repair Shop Licensing Fee Retained Revenue 360,000

 

 

account description amount
DEPARTMENT OF TELECOMMUNICATIONS AND CABLE 2,446,137
Budgetary Direct Appropriations  
7006-0071 Department of Telecommunications and Cable 2,446,137

 

 

account description amount
STATE RACING COMMISSION 8,331,302
Budgetary Direct Appropriations 2,081,302
7006-0110 State Racing Commission 2,081,302

account description amount
Trust and Other Spending 6,250,000
7006-0001 Massachusetts Racing Development and Oversight Fund 6,250,000