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ID S1126
Bill
Status
3/26/2015
Primary Sponsor
Finance Committee
Click for details
AI Summary
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Appropriates $7,750,000 to the Department of Finance for fiscal year 2016 (July 1, 2015 through June 30, 2016) from the State Regulatory Fund ($7,650,000), Mortgage Recovery Fund ($50,000), and Securities Investor Training Fund ($50,000)
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Authorizes the Department of Finance no more than 64 full-time equivalent positions during the fiscal year unless specifically authorized by the Governor, with prompt notification to the Joint Finance-Appropriations Committee of any increased positions
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Grants continuous appropriation authority to the Department of Finance to reimburse persons awarded actual damages by Idaho courts for violations of the Idaho Residential Mortgage Practices Act by licensed or required-to-be-licensed mortgage brokers, lenders, or loan originators
Legislative Description
Appropriates $7,750,000 to the Department of Finance for fiscal year 2016; limits the number of full-time equivalent positions to 64; and provides legislative intent relating to certain continuous appropriations.
APPROPRIATIONS
Last Action
Signed by Governor on 03/26/15 Session Law Chapter 131 Effective: 07/01/2015
3/26/2015