Bill
Bill > HF2846
MN HF2846
Attorney general duties and activities funding provided, consumer protection restitution account and related requirements established, consumer litigation account modified, proceeds of litigation or settlement account established, report required, and money appropriated.
summary
Introduced
03/26/2025
03/26/2025
In Committee
03/26/2025
03/26/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to state government finance; appropriating money for attorney general duties and activities; establishing a consumer protection restitution account and related requirements; modifying the consumer litigation account; establishing a proceeds of litigation or settlement account; requiring a report; amending Minnesota Statutes 2024, sections 8.31, subdivision 2c; 8.315, subdivision 3, by adding a subdivision; 16A.151, subdivision 1, by adding a subdivision; proposing coding for new law in Minnesota Statutes, chapter 8.
AI Summary
This bill establishes several key provisions related to the Minnesota Attorney General's office and consumer protection efforts. It creates a new Consumer Protection Restitution Account that will receive 50% of money recovered in consumer enforcement actions. The bill allows the Attorney General to appoint an account administrator to manage distributions of unclaimed consumer compensation, with specific guidelines for how these funds can be used. The legislation modifies existing statutes to change how recovered litigation funds are handled, moving away from automatic deposit into the general fund to a more targeted approach of supporting consumer protection efforts. The bill sets a maximum balance of $2,000,000 for the consumer litigation account and requires the Attorney General to provide an annual report detailing the account's activities, including information about consumer enforcement actions, distributions, and administrative costs. Additionally, the bill appropriates funds for the Attorney General's office, allocating approximately $53.2 million for fiscal year 2026 and $52.2 million for fiscal year 2027, with money coming from various funds including the general fund, state government special revenue, environmental, and remediation funds. The legislation emphasizes transparency and provides a structured mechanism for managing and distributing funds from consumer protection litigation.
Committee Categories
Government Affairs
Sponsors (5)
Last Action
Hearing (08:15:00 3/27/2025 ) (on 03/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2846&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2846&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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