HR3512Referred to Committee

Tackling Predatory Litigation Funding Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-05-20
Introduced
24
Cosponsors
HR
ⓘ
Type

Sponsor

Kevin Hern
Kevin Hern
Republican · OK · Representative
Votes with party: 97.0% (538 recorded votes)

Full profile: /officials/H001082

Source: Congress.gov · FEC

Cosponsors (24)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-05-20

Source: Congress.gov

Committee Activity

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Plain-English Summary

This bill would change tax rules around litigation funding—money that outside investors provide to help people or companies pay for lawsuits. The legislation aims to prevent what supporters see as predatory practices where funders take excessive cuts of lawsuit settlements, potentially by making certain funding arrangements less tax-advantaged or more transparent. The changes would affect plaintiffs, defendants, and the investment companies that finance legal cases.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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