New Mexico legislation · 2026 Regular Session
New Mexico HB223: LITIGATION FINANCING TRANSPARENCY ACT
Status: Failed, January 29, 2026
What the bill says
An act relating to litigation; enacting the litigation financing transparency act; requiring disclosures; providing enforcement.
From the introduced text, January 29, 2026:
AN ACT RELATING TO LITIGATION; ENACTING THE LITIGATION FINANCING TRANSPARENCY ACT; REQUIRING DISCLOSURES; PROVIDING ENFORCEMENT. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. [NEW MATERIAL] SHORT TITLE.--This act may be cited as the "Litigation Financing Transparency Act". SECTION 2. [NEW MATERIAL] DEFINITIONS.--As used in the Litigation Financing Transparency Act: A. "action" means a civil action, an administrative proceeding, a claim or other cause of action; B. "financial institution" means a bank, a trust company, a savings and loan association, a credit union, a consumer lender, an international banking facility or a financial holding company under the jurisdiction of the state or federal government; .233231.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ C. "foreign person" means a person that is (2) an alien lawfully admitted for permanent residence in the United States; (3) an unincorporated association with a majority number of members of which are citizens of the United States or aliens lawfully admitted for permanent residence in the United States; or (4) a corporation, limited liability company, partnership, society or other business entity that was formed or incorporated in the United States; D. "foreign principal" means: (1) the government or a government official of a country other than the United States; (2) a political subdivision or political party of a country other than …
Sponsors
- Marian Matthews (D, HD-027) · primary sponsor
Latest actions
- : Not Printed
- : Action Postponed Indefinitely
Subjects: COURTS (judges, DAs, public defenders), BUSINESS & INDUSTRY
Common questions
- What is HB223?
- HB223 is a bill in the New Mexico Legislature (2026 Regular Session): LITIGATION FINANCING TRANSPARENCY ACT.
- What does HB223 do?
- In its own words: An act relating to litigation; enacting the litigation financing transparency act; requiring disclosures; providing enforcement.
- What is the status of HB223?
- Failed as of January 29, 2026. Latest action: Not Printed (January 29, 2026).
- Who sponsored HB223?
- Marian Matthews (D, HD-027).
- Where is the official record for HB223?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=223&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.