Establishes a consumer protection restitution account for funds recovered in consumer enforcement actions.
The bill establishes a consumer protection restitution account in the special revenue fund. Money in the account is appropriated annually to the attorney general for consumer enforcement actions. The account receives 50% of funds recovered in consumer enforcement actions payable to the state. The attorney general must report annually on the account's use and expenditures. If funds cannot be distributed to eligible consumers, they are paid into the general fund. The bill also outlines definitions and procedures for the account's administration.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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