IN SB0373 | 2015 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on February 24 2015 - 50% progression
Action: 2015-03-03 - First Reading: referred to committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Funding of lawsuits. Establishes a procedure by which a company may provide funding to the plaintiff in an action in exchange for the contingent right to receive a part of the potential proceeds of the action. Requires a company that offers funding to plaintiffs to register with the attorney general.

Tracking Information

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Title

Funding of lawsuits. Establishes a procedure by which a company may provide funding to the plaintiff in an action in exchange for the contingent right to receive a part of the potential proceeds of the action. Requires a company that offers funding to plaintiffs to register with the attorney general.

Sponsors


History

DateChamberAction
2015-03-03HouseFirst Reading: referred to committee on Financial Institutions
2015-02-24SenateReferred to the House
2015-02-23SenateRepresentative Lehman added as sponsor
2015-02-23SenateThird reading: passed; Roll Call 210: yeas 47, nays 2
2015-02-19SenateAmendment #6 (Head) prevailed; voice vote
2015-02-19SenateReread second time: amended, ordered engrossed
2015-02-17SenatePlaced back on second reading
2015-02-17SenateAmendment #4 (Young R Michael) prevailed; Division of the Senate: yeas 39, nays 9
2015-02-17SenateAmendment #5 (Head) prevailed; voice vote
2015-02-17SenateAmendment #1 (Head) prevailed; voice vote
2015-02-17SenateSecond reading: amended, ordered engrossed
2015-02-12SenateSenator Young, M. added as second author
2015-02-10SenateSenator Taylor added as coauthor
2015-02-09SenateCommittee report: amend do pass, adopted
2015-01-12SenatePursuant to Senate Rule 68(b); reassigned to Committee on Civil Law
2015-01-12SenateFirst Reading: referred to Committee on Judiciary
2015-01-12SenateAuthored by Senator Head

Indiana State Sources


Bill Comments

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