The bill proposes an appropriation 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, 2026. It establishes the maximum number of regular employees for both departments, with a total of 92 employees for the State Bank Department and 41 for the State Securities Department. The bill outlines the salary rates for various positions and allocates funds for regular salaries, extra help, personal services matching, and operational expenses, totaling approximately $14.77 million for the State Bank Department and $4.48 million for the State Securities Department.

Additionally, the bill includes provisions for refunds and reimbursements, as well as an Investor Education Fund, which is allocated $316,000 for operating expenses and grants. Notably, the bill emphasizes compliance with existing laws regarding fund disbursement and includes an emergency clause to ensure the appropriations take effect on July 1, 2025, to prevent disruption in agency operations. The bill also specifies new insertions, such as the total amounts appropriated and the number of employees for certain positions, while maintaining the overall structure of the existing law.