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ID S1127

Bill

Status

Passed

3/20/2017

Primary Sponsor

Finance Committee

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Appropriates $8,355,300 to the Department of Finance for fiscal year 2018 (July 1, 2017 through June 30, 2018) from the State Regulatory Fund ($8,255,300), Mortgage Recovery Fund ($50,000), and Securities Investor Training Fund ($50,000)

  • Grants continuous appropriation authority to the Department of Finance for reimbursement of persons awarded actual damages by Idaho courts for violations of the Idaho Residential Mortgage Practices Act by licensed mortgage brokers, lenders, or loan originators

  • Limits the Department of Finance to no more than 66 full-time equivalent positions during fiscal year 2018, unless specifically authorized by the Governor

  • Requires the Joint Finance-Appropriations Committee to be notified promptly of any positions authorized above the 66-position limit

Legislative Description

Appropriates $8,355,300 to the Department of Finance for fiscal year 2018; provides legislative intent relating to certain continuous appropriations; and limits the number of authorized full-time equivalent positions to 66.

APPROPRIATIONS

Last Action

Session Law Chapter 104 Effective: 07/01/2017

3/20/2017

Committee Referrals

Finance3/2/2017
Judiciary and Rules3/1/2017

Full Bill Text

No bill text available