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Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the prepayment of the funded amount prior to the settlement of their case; makes related provisions.
Introduced
Jan 8, 2025
Last Action
Jun 9, 2025
Session
NY 2025-2026
Sponsors
1 primary · 7 co
SUBSTITUTED BY A804C
AMENDED ON THIRD READING 1104A
RECALLED FROM ASSEMBLY
RETURNED TO SENATE
VOTE RECONSIDERED - RESTORED TO THIRD READING
DELIVERED TO ASSEMBLY
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
PASSED SENATE
ADVANCED TO THIRD READING
2ND REPORT CAL.
1ST REPORT CAL.316
REFERRED TO CONSUMER PROTECTION
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
SUBSTITUTED BY A804C
Joseph P. Addabbo Jr.
Pamela Helming
Anthony H. Palumbo
Luis R. Sepúlveda