S 840 117th Congress Senate Law Civil actions and liability Judicial procedure and administration Lawyers and legal services Legal fees and court costs

Litigation Funding Transparency Act of 2021

Introduced: March 18, 2021 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 18, 2021

Read twice and referred to the Committee on the Judiciary.

Mar 18, 2021

Introduced in Senate

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Plain-English summary Congressional Research Service

Litigation Funding Transparency Act of 2021

This bill requires lawyers for plaintiffs in certain lawsuits to provide the court and other parties in the lawsuit with any agreement that entitles an outside business (i.e., a business that is not a party, class member, or counsel in the lawsuit) to receive payment contingent on the lawsuit's outcome. The lawyers for the plaintiffs shall also provide the identity of the outside business.

Specifically, these requirements shall apply to any class action or multi-district litigation (i.e. related civil cases pending in different districts that are consolidated for pretrial proceedings).

What's happening now March 18, 2021

Read twice and referred to the Committee on the Judiciary.

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Judiciary Committee
Senate

Lobbying activity 2

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 2nd Quarter (Apr 1 - June 30) 2025
CHAMBER OF COMMERCE OF THE U.S.A.
for CHAMBER OF COMMERCE OF THE U.S.A. · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2025

Cosponsors 2

Cornyn, John

Texas · Mar 18, 2021

Tillis, Thomas

North Carolina · Mar 18, 2021

Cite this page click to expand

APA

U.S. Congress. (2026). S. 840: Litigation Funding Transparency Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-840/

MLA

"S. 840: Litigation Funding Transparency Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-840/.

Bluebook (legal)

S. 840, 117th Cong. (2026), https://openamerica.io/bill/117-S-840/.

Markdown link

[S. 840: Litigation Funding Transparency Act of 2021](https://openamerica.io/bill/117-S-840/)