ID S1364

Appropriates $10,059,400 to the Department of Finance for fiscal year 2023 (July 1, 2022 through June 30, 2023) from three funds: State Regulatory Fund ($9,959,400), Mortgage Recovery Fund ($50,000), and Securities Investor Training Fund ($50,000).

Allocates funds as follows: $7,900,900 for personnel costs, $2,088,600 for operating expenditures, and $69,900 for capital outlay.

Authorizes the Department of Finance to maintain no more than 70 full-time equivalent positions during the fiscal year, unless specifically authorized by the Governor.

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

Declares an emergency and makes the act effective July 1, 2022.