Litigation Financing Consumer Protection
Summary
Litigation Financing Consumer Protection; Requires litigation financiers to register with DOS & file surety bond; provides requirements & rulemaking authority for DOS; provides requirements for litigation financing contracts; provides for assignment of contingent rights to civil action or claim proceeds; specifies priority of liens; authorizes litigation financiers to assess specified interest, fees, & charges; provides that violations are deceptive & unfair trade practices.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2020
Last action Mar 14, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
13
Key actions
5
Committee
6
Feb 27, 2020
Lower · Passed
CS by- Commerce Committee; YEAS 20 NAYS 3
lower
Feb 25, 2020
Lower · Passed
On Committee agenda-- Commerce Committee, 02/27/20, 8:00 am, Webster Hall
lower
Feb 5, 2020
Lower · Passed
Now in Commerce Committee
lower
Feb 5, 2020
Lower · Passed
Favorable by Appropriations Committee; YEAS 20 NAYS 2
lower
Feb 3, 2020
Lower · Passed
On Committee agenda-- Appropriations Committee, 02/05/20, 10:00 am, Webster Hall
lower
Jan 27, 2020
Committee
Referred to Appropriations Committee; Commerce Committee
lower
Jan 24, 2020
Introduced
Introduced
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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