Florida legislation · 2026 Regular Session
Florida S1396: Litigation Financing Consumer Protection
Status: Failed, March 13, 2026
Citing this act as the "Litigation Investment Safeguards and Transparency Act"; authorizing courts to consider the existence of a litigation financing agreement under certain circumstances; prohibiting specified acts by litigation financiers; requiring certain parties to a legal proceeding, or their counsels of record, which have entered into a litigation financing agreement with a foreign person, a foreign principal, or a sovereign wealth fund to file and serve a notice identifying specified information with the court, agency, or tribunal and all other parties to the legal proceeding within a specified timeframe, etc.
What the bill says
An act relating to litigation financing consumer protection; providing a short title; designating part I of ch. 69, F.S., entitled âGeneral Provisionsâ; creating part II of ch. 69, F.S., entitled âLitigation Financingâ; creating s. 69.101, F.S.; defining terms; creating s. 69.103, F.S.; authorizing courts to consider the existence of a litigation financing agreement under certain circumstances; creating s. 69.105, F.S.; prohibiting specified acts by litigation financiers…
From the introduced text, February 4, 2026:
A bill to be entitled An act relating to litigation financing consumer protection; providing a short title; designating part I of ch. 69, F.S., entitled âGeneral Provisionsâ; creating part II of ch. 69, F.S., entitled âLitigation Financingâ; creating s. 69.101, F.S.; defining terms; creating s. 69.103, F.S.; authorizing courts to consider the existence of a litigation financing agreement under certain circumstances; creating s. 69.105, F.S.; prohibiting specified acts by litigation financiers; providing that all rights to make certain decisions in a legal proceeding remain solely with the parties to such legal proceeding; creating s. 69.107, F.S.; requiring certain parties to a legal proceeding, or their counsels of record, which have entered into a litigation financing agreement with a foreign person, a foreign principal, or a sovereign wealth fund to file and serve a notice identifying specified information with the court, agency, or tribunal and all other parties to the legal proceeding within a specified timeframe; requiring that such notice also be filed with the Department of Financial Services and the Office of the Attorney General; providing that certain information in a litigation financing agreement is not required to be disclosed; authorizing the court, agency, or tribunal to order that the notice or supporting documentation be filed under seal and issue protective orders to safeguard proprietary or confidential information; prohibiting a …
Sponsors
- Rules (I) · primary sponsor
- Rules · primary sponsor
- Burton, Colleen (R, SD-012) · primary sponsor
Latest actions
- : Died on Calendar
- : Placed on Calendar, on 2nd reading
- : CS by Rules read 1st time
- : Pending reference review -under Rule 4.7(2) - (Committee Substitute)
- : CS by- Rules; YEAS 13 NAYS 10
- : On Committee agenda-- Rules, 02/03/26, 9:00 am, 412 Knott Building
- : Now in Rules
- : Favorable by Judiciary; YEAS 8 NAYS 2
- : Introduced
- : On Committee agenda-- Judiciary, 01/27/26, 1:00 pm, 110 Senate Building
Votes
- Senate: S 1396 Filed (February 3, 2026): 13 yea, 10 nay, passed
- Senate: S 1396 Filed (January 27, 2026): 8 yea, 2 nay, passed
Subjects: Rules, Judiciary
Common questions
- What is S1396?
- S1396 is a bill in the Florida Legislature (2026 Regular Session): Litigation Financing Consumer Protection.
- What does S1396 do?
- In its own words: An act relating to litigation financing consumer protection; providing a short title; designating part I of ch. 69, F.S., entitled âGeneral Provisionsâ; creating part II of ch. 69, F.S., entitled âLitigation Financingâ; creating s. 69.101, F.S.; defining terms; creating s. 69.103, F.S.; authorizing courts to consider the existence of a litigation financing agreement under certain circumstances; creating s. 69.105, F.S.; prohibiting specified acts by litigation financiers…
- What is the status of S1396?
- Failed as of March 13, 2026. Latest action: Died on Calendar (March 13, 2026).
- Who sponsored S1396?
- Rules (I), with 2 co-sponsors.
- Where is the official record for S1396?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/1396
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.