Bill Sponsors: IN SB0353 | 2016 | Regular Session

Bill 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.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Engrossed - Dead) 2016-02-09 - First reading: referred to Committee on Financial Institutions [SB0353 Detail]

Text: Latest bill text (Amended) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Randall Head [R]PrimarySponsored BillsSD-018FollowTheMoneyBallotpediaVoteSmart
Senator Michael Young [R]PrimarySponsored BillsSD-035FollowTheMoneyBallotpediaVoteSmart
Representative Matthew Lehman [R]PrimarySponsored BillsHD-079FollowTheMoneyBallotpediaVoteSmart

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