This bill appropriates funds for personal services and operating expenses for the Department of Commerce, specifically for the State Bank Department and the State Securities Department, for the fiscal year ending June 30, 2025. It establishes the maximum number of regular employees for both departments, detailing their positions and corresponding salary grades. The total amount appropriated for the State Bank Department is $12,551,051, which includes regular salaries, extra help, personal services matching, and various operational expenses. Similarly, the State Securities Department is allocated $3,882,647 for its operations, including regular salaries and other expenses.

Additionally, the bill includes provisions for refunds and reimbursements, as well as an Investor Education Fund, which is allocated $193,500 for operating expenses and grants. The bill emphasizes compliance with existing laws regarding fund disbursement and expresses the legislative intent to ensure that appropriated funds are used for their intended purposes. An emergency clause is included, stating that the act will take effect on July 1, 2024, to ensure the timely operation of the agency. Notable insertions in the bill include specific appropriations and employee counts, while no deletions from current law are indicated.