Deposit limit on consumer protection restitution account removed, and distribution limits set
This bill removes the annual $5 million deposit limit on Minnesota's consumer protection restitution account, allowing the state to deposit 50% of all recovered consumer enforcement funds into the account without a cap. It also establishes new distribution rules that prioritize consumers with the oldest unpaid compensation claims and limits individual payments to $50,000 for amounts up to that threshold, or 50% of amounts exceeding $50,000. These changes directly affect the Minnesota Attorney General's ability to manage restitution funds and the consumers who receive compensation from recovered monies. The legislation amends existing statutes to modify how recovered funds are deposited and distributed to eligible consumers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 23, 2026
Last action Apr 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Apr 7, 2026
Upper · Passed
Comm report: To pass and re-referred to Finance
upper
Mar 23, 2026
Committee
Referred to Commerce and Consumer Protection
upper
Mar 23, 2026
Introduced
Introduction and first reading
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ann Rest
DDemocratic-Farmer-Labor
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