A bill for an act regulating litigation financing contracts, and including effective date and applicability provisions.

HF 210, the "Litigation Financing Transparency and Consumer Protection Act," requires companies that provide funding for lawsuits (called "litigation financiers") to register with Iowa's Secretary of State. It directly affects these financing companies and individuals pursuing legal claims who use their services. The key provision mandates that financiers disclose detailed business information, including ownership structure and contact details, to create public transparency. The bill excludes standard contingency-fee agreements between lawyers and clients, focusing only on third-party funding arrangements. This registration requirement aims to increase accountability without restricting access to legal financing.