NY S08006 | 2015-2016 | General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on June 18 2016 - 50% progression, died in committee
Action: 2016-06-17 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Engrossed on June 18 2016 - 50% progression, died in committee
Action: 2016-06-17 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.
Title
Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.
Sponsors
| Sen. Robert Ortt [R] | Sen. Fred Akshar [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-17 | Assembly | referred to ways and means |
| 2016-06-18 | Senate | DELIVERED TO ASSEMBLY |
| 2016-06-18 | Senate | PASSED SENATE |
| 2016-06-17 | Senate | ORDERED TO THIRD READING CAL.2013 |
| 2016-06-17 | Senate | COMMITTEE DISCHARGED AND COMMITTED TO RULES |
| 2016-06-03 | Senate | REFERRED TO CONSUMER PROTECTION |
Same As/Similar To
A09241 (Same As) 2016-06-17 - ordered to third reading rules cal.540
