US SB471 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on February 13 2019 - 25% progression, died in committee
Action: 2019-02-13 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 13 2019 - 25% progression, died in committee
Action: 2019-02-13 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires lawyers for plaintiffs in certain lawsuits to provide the court and other parties in the lawsuit with any agreement that entitles an outside business (i.e., a business that is not a party, class member, or counsel in the lawsuit) to receive payment contingent on the lawsuit's outcome. The lawyers for the plaintiffs shall also provide the identity of the outside business. Specifically, these requirements shall apply to any class action or multi-district litigation (i.e. related civil cases pending in different districts that are consolidated for pretrial proceedings).
Title
Litigation Funding Transparency Act of 2019
Sponsors
| Sen. Chuck Grassley [R-IA] | Sen. Thom Tillis [R-NC] | Sen. John Cornyn [R-TX] | Sen. Ben Sasse [R-NE] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-13 | Senate | Read twice and referred to the Committee on the Judiciary. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/471/all-info |
| Text | https://www.congress.gov/116/bills/s471/BILLS-116s471is.pdf |
