Undesignated money returned to the state through restitution or recovery required to be deposited in a taxpayer refund account, annual distribution of funds provided, and rulemaking required.

Summary

The bill creates a special revenue account for money the state gets back from civil judgments, fraud recoveries, overpayments, fines, reimbursements and undirected criminal restitution. The account is managed by the commissioner of management and budget and, if it holds more than $300 million at the end of a legislative session, the funds must be distributed as refunds to eligible Minnesota taxpayers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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