Litigation Funding Transparency Act of 2026
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, Litigation Funding Transparency Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Government Operations.
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 S1: 1. Short title This Act may be cited as the Litigation Funding Transparency Act of 2026.
- Section id0731320963784deba8a07f09058e0605: 2. Transparency and oversight of third-party litigation funding in class and mass actions Chapter 115 of title 28, United States Code, is amended by adding at...
- Section id973c569575d0432596c404aaf19e8394: 1747. Third-party litigation funding disclosure In this section: The term class action has the meaning given the term in section 1711. The term commercial...
- Section id6b15f946bf5c4402a68f45e3b72812b5: 3. Applicability The amendments made by this Act shall apply to any case 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, Litigation Funding Transparency Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Foreign Policy, Government Operations
Primary Purpose
This bill, Litigation Funding Transparency Act of 2026, 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
In CommitteeRead twice and referred to the Committee on the Judiciary.
Introduced in Senate
Mr. Grassley (for himself, Mr. Tillis, Mr. Kennedy, and Mr. …
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