Bill Title: Civil proceeding advance payment transactions. Defines a "civil proceeding advance payment transaction", or "CPAP transaction", as a nonrecourse transaction in which a person (CPAP provider) provides to a consumer claimant in a civil proceeding a funded amount, the repayment of which is: (1) required only if the consumer claimant prevails in the civil proceeding; and (2) sourced from the proceeds of the civil proceeding. Requires a CPAP provider to register with the department of financial institutions (department). Sets forth requirements, including disclosure requirements, for a contract (CPAP contract) entered into by a CPAP provider and a consumer claimant. Sets forth

Spectrum: Bipartisan Bill

Status: (Enrolled - Dead) 2015-04-21 - House Advisors appointed: Eberhart, Washburne and DeLaney [SB0373 Detail]

Text: Latest bill text (Engrossed) [PDF]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	House - Third reading	2015-03-31	60	35	3	2	100	Passed	Link	View
House	House Committee on Financial Institutions - Committee Vote	2015-03-25	10	0	0	3	13	Passed	Link	View
Senate	Senate - Third reading	2015-02-23	47	2	1	0	50	Passed	Link	View
Senate	Senate Committee on Civil Law - Committee Vote	2015-02-09	8	0	0	0	8	Passed	Link	View

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