This bill focuses on state government finance by appropriating funds for the duties and activities of the attorney general, establishing a consumer protection restitution account, and modifying the consumer litigation account. It includes provisions for the appropriation of funds from the general fund for the fiscal years 2026 and 2027. The bill amends existing statutes to allow the attorney general to deposit undistributed money into the newly created consumer protection restitution account instead of the general fund, and it outlines the conditions under which this money can be distributed to eligible consumers.

Additionally, the bill introduces a proceeds of litigation or settlement account, which will hold money recovered by state officials in litigation or settlements. It mandates annual reporting on the activities funded through the consumer litigation account and establishes a maximum balance for this account. The attorney general is also required to publish an annual report detailing consumer enforcement actions and the distribution of funds. Overall, the bill aims to enhance consumer protection and ensure that funds are effectively managed and distributed to those harmed by unlawful acts.

Statutes affected:
Introduction: 8.31, 8.315, 16A.151