5167-S AMS STAN S2575.1
SSB 5167 - S AMD 254
By Senator Stanford
ADOPTED 03/29/2025
On page 95, after line 29, insert the following:
"Mortgage Lending Fraud Prosecution Nonappropriated Account—State
Appropriation. . . .$2,000,000"
Adjust the total appropriation accordingly.
On page 95, line 32, after "limitations:" insert the following:
"(1)"
On page 95, after line 36, insert the following:
"(2) $2,000,000 of the mortgage lending fraud prosecution nonappropriated account—state appropriation is provided solely for implementation of Senate Bill No. 5109 (mortgage lending fraud acc.). If the bill is not enacted by June 30, 2025, the amount provided in this subsection shall lapse."
EFFECT: Expenditure authority is provided to implement the provisions of SB 5109 (mortgage lending fraud acc.), which increases revenues to the mortgage lending fraud prosecution account to be used for criminal prosecution of fraudulent activities related to mortgage lending fraud crimes.
EXPENDITURE EFFECT (2025-2027): $2,000,000 Mortgage Lending Fraud Prosecution Account—State/$2,000,000 Total Funds
FOUR-YEAR OUTLOOK EXPENDITURE EFFECT: $0 Near General Fund—State
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