S 1821 · 119th Congress

Tackling Predatory Litigation Funding Act

This bill creates a new tax on companies and individuals that finance lawsuits in exchange for a share of the winnings. Here's how it works: when a third party (like a litigation funding company) provides money to help pay for a lawsuit, they typically get a cut of whatever settlement or judgment is won. This bill s…

Sponsor

Tillis, Thomas (R-North Carolina)

Introduced

2025-05-20

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.