Minnesota SF4687 passed the Senate Finance Committee on March 23, 2026. The bill proposes to remove the statutory deposit limit on the state's consumer protection restitution account—a fund used to compensate consumers for losses from fraud or deceptive business practices. The legislation was introduced on March 18, 2026, sponsored by Sen. Ann Rest, and moved through the Commerce and Consumer Protection Committee before being referred to Finance.

As the bill is still in the legislative pipeline and has not yet been enacted, affected parties should monitor its progress through the Minnesota legislature. Once passed by both chambers and signed by the governor, the removal of the deposit cap could increase the funds available for consumer restitution in enforcement actions. Companies operating in Minnesota that have faced consumer protection actions should track this legislation for potential implications on restitution obligations.