NY A03225 | 2025-2026 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 21-0)
Status: Introduced on January 24 2025 - 25% progression
Action: 2025-01-24 - referred to consumer affairs and protection
Pending: Assembly Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2025 - 25% progression
Action: 2025-01-24 - referred to consumer affairs and protection
Pending: Assembly Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
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.
Title
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.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-24 | Assembly | referred to consumer affairs and protection |
Same As/Similar To
S01104 (Same As) 2025-01-08 - REFERRED TO CONSUMER PROTECTION
