CS/SB 1276: Litigation Financing
GENERAL BILL by Fiscal Policy ; Collins
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.
- Judiciary (JU)
- Fiscal Policy (FP)
Bill History
Date | Chamber | Action |
---|---|---|
1/4/2024 | Senate |
• Filed |
1/10/2024 | Senate |
• Referred to Judiciary; Fiscal Policy • Introduced |
1/17/2024 | Senate |
• On Committee agenda-- Judiciary, 01/22/24, 1:30 pm, 412 Knott Building |
1/22/2024 | Senate |
• Favorable by Judiciary; YEAS 10 NAYS 0 • Now in Fiscal Policy |
2/2/2024 | Senate |
• On Committee agenda-- Fiscal Policy, 02/07/24, 3:30 pm, 412 Knott Building |
2/7/2024 | Senate |
• CS by- Fiscal Policy; YEAS 15 NAYS 5 |
2/8/2024 | Senate |
• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • Placed on Calendar, on 2nd reading • CS by Fiscal Policy read 1st time |
3/8/2024 | Senate |
• Died on Calendar |