This bill establishes a Consumer Protection Restitution Account within the special revenue fund, funded by 50% of the money recovered by the attorney general in consumer enforcement actions that is not designated for other specific purposes. The account aims to provide restitution to eligible consumers affected by unlawful acts, detailing the distribution process and criteria for eligibility. It also amends existing statutes to clarify definitions related to consumer enforcement actions and the attorney general's responsibilities, requiring an annual report on account activities and ensuring transparency by classifying certain data as public. Notably, it specifies that there is no private right of action regarding payments from the account.

Additionally, the bill introduces amendments to Minnesota statutes concerning environmental projects and tax regulations. It clarifies that supplemental environmental projects funded through settlement agreements with the Minnesota Pollution Control Agency are not civil penalties and mandates community health boards to report on their use of these funds. It also stipulates that funds from consumer fraud enforcement actions related to electronic nicotine delivery systems must be deposited into the tobacco use prevention account, with exceptions for attorney fees. Furthermore, the bill allows eligible consumers to subtract public compensation payments from their taxable income starting in the 2024 tax year and modifies definitions related to income and exemptions for tax purposes, with effective dates set for taxable years beginning after December 31, 2024.

Statutes affected:
Introduction: 8.31, 16A.151, 290.0132
1st Engrossment: 8.31, 16A.151, 290.0132, 290.0693, 290A.03
2nd Engrossment: 8.31, 16A.151, 290.0132, 290.0693, 290A.03
3rd Engrossment: 8.31, 16A.151, 290.0132, 290.0693, 290A.03
4th Engrossment: 8.31, 16A.151, 290.0132, 290.0693, 290A.03