IN SB0097 | 2011 | Regular Session

Status

Sponsorship: Bipartisan Bill
Status: Engrossed on February 17 2011 - 50% progression, died in committee
Action: 2011-03-29 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Amended) [HTML]

Summary

Establishes a procedure by which a company may provide a loan to the plaintiff in an action in exchange for the contingent right to receive a part of the potential proceeds of the action. Provides that a violation of the conditions under which a loan may be offered to a plaintiff constitutes a deceptive act subject to enforcement by the attorney general.

Tracking Information

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Title

Funding of lawsuits.

Sponsors


Roll Calls

2011-02-17 - Senate - Senate - Third reading: passed (Y: 36 N: 6 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2011-03-29 First reading: referred to Committee on Judiciary
2011-02-17 Cosponsor: Rep. McMillin
2011-02-17 House sponsor: Rep. Koch
2011-02-17 Referred to the House
2011-02-17 Third reading: passed; Roll Call 147: yeas 36 and nays 14
2011-02-15 Senator Lanane removed as coauthor
2011-02-15 Amendment 3 (M. Young), prevailed; Division of the Senate: yeas 27, nays 17
2011-02-15 Second reading: amended, ordered engrossed
2011-01-27 Senator Randolph added as coauthor
2011-01-27 Committee report: amend do pass, adopted
2011-01-20 Senator Lanane added as coauthor
2011-01-20 Senator Waltz added as second author
2011-01-05 First reading: referred to Committee on Judiciary
2011-01-05 Authored by Senator Head

Indiana State Sources


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