HI SB2704

Expands the litigation deposits trust fund to include all proceeds from civil actions or settlements initiated or prosecuted by the attorney general, removing the previous $100,000 minimum threshold requirement.

Authorizes the attorney general to retain 15% of all recoveries from the fund to support investigation and prosecution efforts, including attorney's fees, operating costs, litigation expenses, training, and equipment.

Directs remaining recoveries from general fund actions to be retained by the fund, while recoveries from non-general fund actions may be remitted to the affected fund up to the amount of losses incurred.

Changes investment earnings from the fund to be credited back to the fund rather than deposited into the general fund.

Requires any unencumbered moneys exceeding $1,000,000 in the fund at the close of each fiscal year to lapse to the general fund and mandates quarterly reporting to the legislature on fund receipts and expenditures.