HOUSE BILL 873

Sponsored By:

Delegates Dumais, Alston, Anderson, Barnes, Mitchell, and Valderrama

Entitled:

Maryland Civil Litigation Funding Act

Synopsis:

Establishing requirements for a contract for nonrecourse civil litigation funding; establishing fees that may be collected by a civil litigation funding company; prohibiting specified acts; requiring each civil litigation funding company to be registered with the Secretary of State; providing that a nonrecourse civil litigation funding transaction under the Act may not be deemed to be a loan; etc.

History by Legislative and Calendar Date

House Action

2/11

First Reading Judiciary

Hearing 3/2 at 1:00 p.m.

3/31

Unfavorable Report by Judiciary Withdrawn

Senate Action

No Action

Sponsored by:

Delegate Kathleen M. Dumais, District 15

Delegate Tiffany T. Alston, District 24

Delegate Curt Anderson, District 43

Delegate Ben Barnes, District 21

Delegate Keiffer J. Mitchell, Jr., District 44

Delegate Kriselda Valderrama, District 26

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Attorneys

Civil Actions -see also- Small Claims

Consumer Protection -see also- Unfair Trade Practices

Contracts -see also- Land Installment Contracts; Procurement

Damages

Disclosure

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.

Judgments

Language

Notices

Registration -see also- Motor Vehicle Registration

Reports

Rules and Regulations

Secretary of State

Unfair Trade Practices

Bill affects the following Statutes:

Commercial Law

( 13-204 , 13-204 , 13-204 , 13-301 , 13-301 , 13-301 )

State Government

( 7-301 , 7-302 , 7-303 , 7-304 , 7-307 , 7-308 , 7-309 , 7-310 , 7-313 , 7-314 , 7-315 , 7-316 , 7-317 , 7-318 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Judiciary