"equations of motion," because they are equations that tell us how the variables of our system (here $q_i$) evolve in time. Indeed, in general, the solution to $n$ second order differential equations involves $2n$ integration constants (or initial conditions) in the solution. However, most people would not call these integration constants "conservation laws." In general usage, a "conserved quantity" $Q$ is a function of the configuration variables (here $q_i$ and $\dot q_i$) that does not change in time when the configuration variables evolve according to the equations of motion:
$$\frac{d}{dt} Q(q_i, \dot q_i) = 0.$$
Note that $Q(q_i, \dot q_i)$ does not depend on $t$ explicitly; it only depends on $t$ insofar as $q_i$ and $\dot q_i$ do. However, an initial condition depends on $q_i$, $\dot q_i$, and $t$. You need to know $t$ in order to know "how far to turn back the clock" to find the initial position and velocity.