To amend title 28, United States Code, to provide for transparency and oversight of third-party beneficiaries in civil actions.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend title 28, United States Code, to provide for transparency and oversight of third-party beneficiaries in civil actions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Environment, Criminal Justice.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HF75E081E78DE4FBC86B89B85AA9912BE: 1. Short title This Act may be cited as the Litigation Transparency Act of 2024.
- Section HE226E6EB738647CA94C39AF60E69B4E9: 2. Transparency and oversight of third-party beneficiaries in civil cases Chapter 111 of title 28, United States Code, is amended by adding at the end the...
- Section H2F42E9BE57384FA49D4BAA6D3575C1D2: 1660. Third-party beneficiary disclosure Except as provided in subsection (b), in any civil action, a party or any counsel of record for a party shall—...
- Section H829D0CA88F51441CADD8A0B5B7BD1D9B: 3. Applicability The amendments made by this Act shall apply to any civil action pending on or commenced after the date of enactment of this Act.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend title 28, United States Code, to provide for transparency and oversight of third-party beneficiaries in civil actions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Environment, Criminal Justice
Primary Purpose
This bill, To amend title 28, United States Code, to provide for transparency and oversight of third-party beneficiaries in civil actions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Issa (for himself and Mr. Fitzgerald) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology