ID S1392

Establishes a formal claims review procedure for the Seed Indemnity Fund requiring the department to investigate claims, prepare staff reports with recommendations, and provide these to the seed indemnity fund advisory committee within specified timeframes.

Requires the seed indemnity fund advisory committee to submit written comments to the director within two weeks of receiving the staff report and recommendation.

Allows claimants or seed buyers to request a hearing within 20 days of receiving the director's determination, with hearings conducted pursuant to chapter 52, title 67, Idaho Code.

Establishes an identical claims review and hearing procedure for the Commodity Indemnity Fund that applies when a warehouse or dealer fails, including notification requirements and advisory committee review timelines.

Specifies that approved claims are paid at 90 percent from the respective fund, with claimants required to subrogate recovery rights to the department and entitled to seek recovery of the remaining 10 percent from other sources.