MN SF447

Establishes a consumer protection restitution account in the special revenue fund to pay eligible consumers who were harmed by unlawful business practices but have not received compensation from attorney general enforcement actions

Deposits 50% of recovered money from consumer enforcement actions (up to $1,000,000 per fiscal year) into the account, with the remainder going to the general fund; administrative costs capped at 3%

Excludes consumer enforcement public compensation payments from state income tax calculations, including for the renter's property tax refund and homestead credit refund programs, effective for taxable years beginning after December 31, 2024

Requires the attorney general to publish annual reports detailing enforcement actions, distributions to eligible consumers, amounts awaiting distribution, and administrative costs; unredeemed payments after 120 days may be redeposited in the account

Classifies policies relating to the account as public data and specifies that distributions do not create a private right of action or affect the attorney general's authority to continue collecting from liable parties