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.

This is the FY 2018 appropriation to the Department of Finance in the amount of $8,355,300 with full-time equivalent positions capped at 66. This appropriation includes benefit cost increases, Statewide Cost Allocation, a 3% CEC, and cybersecurity insurance. The 3% CEC is a merit-based increase in employee compensation for permanent employees to be distributed at the discretion of each director. Additionally, it includes $25,200 for rent increases at the MK Plaza under inflationary adjustments, and $148,100 for replacement items which include software subscriptions, network switches and network printers. This budget includes 2 line items. Line item 1 provides 1 FTP and $67,800 for an IT Programmer. Line item 2 provides $83,800 and 1 FTP for a New Financial Examiner. Overall, this budget is a 2.3% increase above the FY 2017 original appropriation. Section 2 of the bill provides intent language regarding the Idaho Residential Mortgage Practices Act.