Deposit limit on consumer protection restitution account removed, and distribution limits set.

Summary

The bill changes Minnesota law so that 50 percent of all money the attorney general recovers in consumer enforcement actions must go into the restitution account, eliminating the previous $5 million annual limit. It also limits how much an eligible consumer can receive: up to $50,000 fully, plus 50 percent of any amount over $50,000, but no more than an additional $50,000. These changes affect consumers owed compensation and the state’s handling of recovered funds.

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