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ID S1335

Bill

Status

Passed

3/19/2018

Primary Sponsor

Finance Committee

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • Appropriates $8,648,100 to the Department of Finance for fiscal year 2019 (July 1, 2018 through June 30, 2019) from three funds: State Regulatory Fund ($8,548,100), Mortgage Recovery Fund ($50,000), and Securities Investor Training Fund ($50,000).

  • Breaks down the appropriation into personnel costs ($6,761,000), operating expenditures ($1,821,700), and capital outlay ($65,400).

  • Limits the Department of Finance to a maximum of 67.00 full-time equivalent positions during the fiscal year, unless the Governor authorizes additional positions.

  • Grants the Department of Finance continuous appropriation authority 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 $8,648,100 to the Department of Finance for fiscal year 2019; limits the number of authorized full-time equivalent positions to 67.00; and provides legislative intent regarding certain continuous appropriations.

APPROPRIATIONS

Last Action

Session Law Chapter 148 Effective: 07/01/2018

3/19/2018

Committee Referrals

Finance3/1/2018
Judiciary and Rules2/28/2018

Full Bill Text

No bill text available