Minnesota HF4513 removes the deposit limit on the consumer protection restitution account and sets distribution limits.
Minnesota HF4513 amends the consumer protection restitution account by removing the deposit limit and setting distribution limits. Up to the first $5,000,000 each fiscal year must be deposited into the account. Distributions are limited to $50,000 for unpaid consumer enforcement public compensation. If insufficient funds are available, the attorney general may recommend a formula for prorating or capping payments to eligible consumers.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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