A3225 (2025-26 session)
NY State bill
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
- Relates to consumer litigation funding
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Consumer Affairs And Protection
- Introduced
- 2025-01-24
- Law section
- General Business Law
Sponsors
- Latrice M. Walker Assembly Member, District 55
Co-sponsors
- Al Taylor Assembly Member, District 71
- Alex Bores Assembly Member, District 73
- Andrew Hevesi Assembly Member, District 28
- Brian Cunningham Assembly Member, District 43
- Catalina Cruz Assembly Member, District 39
- Charles D. Fall Assembly Member, District 61
- David I. Weprin Assembly Member, District 24
Heard in committee
- Consumer Affairs and Protection NY State Assembly committee