NY S00705 | 2021-2022 | General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on January 6 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO CONSUMER PROTECTION
Pending: Senate Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 6 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO CONSUMER PROTECTION
Pending: Senate Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the pre-payment of the funded amount prior to the settlement of his or her case; makes related provisions.
Title
Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the pre-payment of the funded amount prior to the settlement of his or her case; makes related provisions.
Sponsors
| Sen. Anna Kaplan [D] | Sen. Fred Akshar [R] | Sen. Alessandra Biaggi [D] | Sen. George Borrello [R] |
| Sen. Elijah Reichlin-Melnick [D] | Sen. Luis Sepulveda [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Senate | REFERRED TO CONSUMER PROTECTION |
| 2021-01-06 | Senate | REFERRED TO CONSUMER PROTECTION |
Same As/Similar To
A01270 (Same As) 2022-05-17 - defeated in codes
