ID S1147

Appropriates $8,934,800 to the Department of Finance for fiscal year 2020 (July 1, 2019 through June 30, 2020) from three funds: State Regulatory Fund ($8,834,800), Mortgage Recovery Fund ($50,000), and Securities Investor Training Fund ($50,000).

Authorizes the Department of Finance no more than 63 full-time equivalent positions during fiscal year 2020, unless specifically authorized by the Governor, with prompt notification to the Joint Finance-Appropriations Committee of any increased positions.

Grants the Department of Finance continuous appropriation authority to reimburse persons who have received final court determinations of actual damages from violations of the Idaho Residential Mortgage Practices Act by licensed or required-to-be-licensed mortgage brokers, lenders, or loan originators.