US SB1821 | 2025-2026 | 119th Congress
Status
Sponsorship: Partisan Bill (Republican 8)
Status: Introduced on May 20 2025 - 25% progression
Action: 2025-05-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 20 2025 - 25% progression
Action: 2025-05-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation.
Title
Tackling Predatory Litigation Funding Act
Sponsors
| Sen. Thom Tillis [R-NC] | Sen. Jon Husted [R-OH] | Sen. Bernie Moreno [R-OH] | Sen. Ashley Moody [R-FL] |
| Sen. Chuck Grassley [R-IA] | Sen. Steve Daines [R-MT] | Sen. Tim Sheehy [R-MT] | Sen. Pete Ricketts [R-NE] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-05-20 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3512 (Same As) 2025-05-20 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/1821/all-info |
| Text | https://www.congress.gov/119/bills/s1821/BILLS-119s1821is.pdf |
