Foreign Third-Party Litigation Funders; require disclosure to the Attorney General.
HB 1260 requires foreign third-party litigation funders to disclose specific information to Mississippi's Attorney General within 30 days of entering a funding agreement or filing a civil case. It mandates written disclosure of the name, address, and citizenship/country of incorporation for any foreign entity with contingent payment rights tied to case outcomes. The bill also requires disclosure of foreign entities receiving proprietary or national security information from the funding agreement. This applies to funders not covered by exclusions like named parties, law firms, health insurers, or standard loans, directly affecting foreign entities funding civil litigation in Mississippi courts.
Bill status
died
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
House Passage
Feb 2025
Senate Passage
Governor
Introduced Feb 11, 2025
Last action Mar 4, 2025
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Committee Substitute
→
Current version
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1 edit
MINOR
The bill title was updated from 'Committee Substitute' to 'As Passed the House', indicating the bill has moved forward in the legislative process. No substantive policy changes were made to the bill's content; only the version identifier was modified to reflect its current status.
TECHNICAL
The bill version label changed from 'Committee Substitute' to 'As Passed the House', reflecting its progression through the legislative process without altering the bill's substantive provisions.
Floor votes · House Feb 10, 2025
How they voted
102–2
Passed · 15 other
Total votes 119
Feb 10, 2025
D
Democratic39
64% Yea
I
Independent2
100% Yea
R
Republican78
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
3
Feb 17, 2025
Committee
Referred To Judiciary, Division A
upper
Feb 11, 2025
Introduced
Transmitted To Senate
lower
Feb 10, 2025
Lower · Passed
Passed
lower
Feb 4, 2025
Lower · Passed
Title Suff Do Pass Comm Sub
lower
Jan 20, 2025
Committee
Referred To Judiciary A
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jody Steverson
RRepublican
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