Litigation Financing
Summary
Litigation Financing; Citing this act as the "Litigation Investment Safeguards and Transparency Act"; requiring a court’s consideration of potential conflicts of interest which may arise from the existence of a litigation financing agreement in specified circumstances; prohibiting specified acts by litigation financiers; requiring certain disclosures related to litigation financing agreements and the involvement of foreign persons, foreign principals, or sovereign wealth funds; requiring the indemnification of specified fees, costs, and sanctions by a litigation financier in specified circumstances, etc.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2024
Last action Mar 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
4
Committee
5
Feb 8, 2024
Upper · Passed
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
upper
Feb 2, 2024
Upper · Passed
On Committee agenda-- Fiscal Policy, 02/07/24, 3:30 pm, 412 Knott Building
upper
Jan 22, 2024
Upper · Passed
Favorable by Judiciary; YEAS 10 NAYS 0
upper
Jan 17, 2024
Upper · Passed
On Committee agenda-- Judiciary, 01/22/24, 1:30 pm, 412 Knott Building
upper
Jan 10, 2024
Introduced
Introduced
upper
Jan 10, 2024
Committee
Referred to Judiciary; Fiscal Policy
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Collins
RRepublican
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