HB1026 Summary

• Appropriates $12,551,051 to the Department of Commerce - State Bank Department for fiscal year 2024-2025, including $7,689,975 for regular salaries covering 78 maximum employees

• Appropriates $3,882,647 to the State Securities Department for fiscal year 2024-2025, including $2,380,760 for regular salaries covering 36 maximum employees

• Authorizes up to 2 temporary or part-time "Extra Help" employees for each department, payable at rates per the Uniform Classification and Compensation Act

• Appropriates $193,500 from the Investor Education Fund for the State Securities Department's operating expenses, grants, and promotional items

• Declares emergency effective date of July 1, 2024 to ensure continuity of agency operations