Iowa legislation · 91st General Assembly
Iowa SF54: A BILL FOR An Act regulating litigation financing contracts, and including effective date and applicability provisions
Status: In committee, March 10, 2025
An Act regulating litigation financing contracts, and including effective date and applicability provisions.
What the bill says
A bill FOR An Act regulating litigation financing contracts, and including effective date and applicability provisions.
From the introduced text, January 16, 2025:
A BILL FOR An Act regulating litigation financing contracts, and including effective date and applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 2128XS (2) cm/jh S.F. Section 1. NEW SECTION. 537C.1 Title. This chapter shall be known as the "Litigation Financing Transparency and Consumer Protection Act". Sec. 2. NEW SECTION. 537C.2 Definitions. As used in this chapter, unless otherwise required by the context: 1. "Consumer" means any individual who resides, is present, or is domiciled in this state or who is or may become a plaintiff, claimant, or complainant in a civil action or an administrative proceeding or in pursuit of any claim or cause of action in this state. 2. "Entity" means any domestic or foreign corporation, partnership, limited partnership, limited liability company, trust, fund, plan, or any other business, enterprise, association, or organization of any kind or nature. 3. "Legal representative" means any attorney, group of attorneys, or law firm duly licensed and authorized to practice law and to represent a consumer in a civil action, administrative proceeding, or claim to recover damages in this state. 4. "Litigation financer" means any person or group of persons engaged in, formed, created, or established for the purpose of engaging in the business of litigation financing or any other business or economic activity in …
Sponsors
- Dave Rowley (R, 5) · primary sponsor
Latest actions
- : Committee report approving bill, renumbered as SF 586 . S.J. 473 .
- : Subcommittee recommends amendment and passage.
- : Subcommittee Meeting: 02/26/2025 4:00PM Room 217 Conference Room.
- : Subcommittee Meeting: 01/29/2025 12:00PM Room 315.
- : Subcommittee: Rowley, Blake, and Schultz. S.J. 135 .
- : Introduced, referred to Judiciary. S.J. 104 .
Common questions
- What is SF54?
- SF54 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act regulating litigation financing contracts, and including effective date and applicability provisions.
- What does SF54 do?
- In its own words: A bill FOR An Act regulating litigation financing contracts, and including effective date and applicability provisions.
- What is the status of SF54?
- In committee as of March 10, 2025. Latest action: Committee report approving bill, renumbered as SF 586 . S.J. 473 . (March 10, 2025).
- Who sponsored SF54?
- Dave Rowley (R, 5).
- Where is the official record for SF54?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=SF+0054&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.