Revise non-recourse litigation funding agreement regulations
HB 105 updates Ohio's rules for non-recourse litigation funding agreements, which are contracts where investors fund lawsuits without repayment if the case fails. The bill directly affects law firms and investors who use these agreements to finance legal cases. It replaces outdated regulations (specifically repealing section 1349.55) with new requirements outlined in sections 1357.01 through 1357.08, focusing on clearer written terms and disclosures. These changes aim to modernize oversight of how lawsuit funding is structured and managed.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Mar 2026
House Passage
Jun 2026
Senate Passage
Jun 2026
Signed into Law
Jul 2026
Introduced Feb 18, 2025
Signed Jul 7, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
As Passed by the Senate
→
As Enrolled
·
3 edits
·
Jul 7, 2026
MINOR
The bill was reformatted from a Senate-passed draft to an enrolled version, adding standard legislative signatures and correcting formatting errors in the definitions and section headers. The substantive policy content, including the definitions of litigation funding, registration requirements, and prohibitions on fees, remains unchanged.
TECHNICAL
The document header was updated to include the Governor's approval lines and signature blocks, which are required for a bill to become law.
Formatting inconsistencies in the definitions section were corrected, such as aligning the 'As used in this chapter' header and ensuring consistent numbering for terms like 'Charges' and 'Commercial litigation financier'.
Minor text corrections were made, including changing 'Sub. H. B. No. 105' to '(Substitute House Bill Number 105)' and fixing line breaks that split sentences across multiple lines.
Floor votes · Senate Jun 11, 2026 · House Jun 11, 2026
How they voted
31–2
Passed
Total votes 33
Jun 11, 2026
D
Democratic9
100% Yea
R
Republican24
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
14
Key actions
6
Committee
2
Amendments
1
Jul 1, 2026
Legislature · Passed
Sent To The Governor
legislature
Jun 11, 2026
Senate · Passed
Senate Vote: pass (31-2)
senate
Jun 10, 2026
Upper · Passed
Passed
upper
Jun 10, 2026
Lower · Passed
The question being, Shall the amendments be concurred in?
lower
Jun 10, 2026
Lower · Passed
Concurred in Senate amendments
lower
Mar 24, 2026
Committee
Referred to committee
upper
Nov 25, 2025
Introduced
Introduced
upper
Nov 19, 2025
Lower · Passed
Passed
lower
Feb 26, 2025
Committee
Referred to committee
lower
Feb 18, 2025
Introduced
Introduced
lower
2 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jim Thomas
RRepublican
P
Meredith Craig
RRepublican
Co
Brian Lampton
RRepublican
Co
David Thomas
RRepublican
Co
Jack Daniels
RRepublican
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