Bill
HB 5281
Financial institutions: other; third-party litigation funding transparency; provide for. Creates new act.
2025-2026 Regular Session
Introduced by Joe Aragona and 24 co-sponsors
HB 5281 requires third-party litigation funders to register, disclose key terms, cap fees at 36% per year, and restrict foreign funding to protect consumers.
REFERRED TO COMMITTEE ON REGULATORY AFFAIRS