Don Harmon
- Democratic
- Senator
- District 39
Creates the Non-Recourse Civil Litigation Funding Act. Provides that all contracts for non-recourse civil litigation funding must meet specified criteria. Provides that the contract shall provide that the consumer may cancel the contract within 5 business days following the consumer's receipt of funds, without penalty or further obligation. Specifies the notice requirements for contracts. Contains provisions concerning the dispute of contracts. Provides that each non-recourse civil litigation funding company shall adhere to specified best practices. Contains provisions concerning (1) the sale and assignment of proceeds of legal claims and (2) the requirements for non-recourse civil litigation funding companies by the Department of Financial and Professional Regulation. Provides that the Department shall maintain a list of all non-recourse civil litigation funding companies. Contains provisions concerning the power of the Department to issue cease and desist orders. Specifies penalties for violation of the Act. Contains provisions concerning judicial review and application of the Act. Amends the Consumer Installment Loan Act to exclude non-recourse civil litigation funding. Contains a severability clause. Effective immediately.
Session Sine Die
Held on Calendar Order of Second Reading - Short Debate
House Floor Amendment No. 2 Lost 028-087-001
House Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 005-000-000
House Floor Amendment No. 4 Referred to Rules Committee
House Floor Amendment No. 4 Filed with Clerk by Rep. Lou Lang
House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 005-000-000
House Floor Amendment No. 2 Recommends Be Adopted Judiciary I - Civil Law Committee; 011-005-000
House Floor Amendment No. 3 Filed with Clerk by Rep. Lou Lang
House Floor Amendment No. 3 Referred to Rules Committee
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 010-007-000
House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee
Assigned to Judiciary I - Civil Law Committee
Final Action Deadline Extended-9(b) January 11, 2011
Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
Added Alternate Chief Co-Sponsor Rep. Jay C. Hoffman
Referred to Rules Committee
First Reading
Placed on Calendar Order of First Reading
Chief House Sponsor Rep. Lou Lang
Arrived in House
Third Reading - Passed; 057-000-000
Placed on Calendar Order of 3rd Reading
Recalled to Second Reading
Senate Floor Amendment No. 1 Adopted; Harmon
Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 010-000-000
Senate Floor Amendment No. 1 Assignments Refers to Judiciary
Senate Floor Amendment No. 1 Referred to Assignments
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
Placed on Calendar Order of 3rd Reading March 12, 2010
Second Reading
Do Pass Judiciary; 008-000-000
Placed on Calendar Order of 2nd Reading March 4, 2010
Assigned to Judiciary
First Reading
Referred to Assignments
Filed with Secretary by Sen. Don Harmon
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Document | Format |
|---|---|
| House Amendment 004 | |
| House Amendment 003 | |
| House Amendment 002 | |
| House Amendment 001 | |
| Senate Amendment 001 |
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