90th General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 2348: Regulating litigation financing contracts, and including effective date and applicability provisions
Died when the session ended · The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.
What it does
This bill creates the litigation financing transparency and consumer protection Act. The bill requires the registration of litigation financers with the secretary of state. The bill provides registration requirements and procedures for the litigation financer. The bill provides that all documents and information filed with the secretary of state pursuant to the registration of the ligation financer are public records. The bill provides limitations on how a litigation financer may conduct business.
Sponsors
Not listed
Cost
No fiscal note
House subcommittee · named February 8, 2024
- Rep. Charley Thomson (R) · charley.thomson@legis.iowa.gov
- Rep. Bill Gustoff (R) · bill.gustoff@legis.iowa.gov
- Rep. Sami Scheetz (D)
Lobbying · 6 for, 3 against
For: American Property Casualty Insurance Association (APCIA); Iowa Association of Business and Industry (ABI); Iowa Insurance Associates; Iowa Insurance Institute; National Association of Mutual Insurance Companies (NAMIC); Nationwide Mutual Ins. Co.
Against: ADF Action; Alliance for Responsible Consumer Legal Funding; American Legal Finance Association
In plain words
- February 7, 2024Filed in the House and sent to the Judiciary committee
- February 8, 2024House subcommittee named: Thomson, C., Gustoff and Scheetz
From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/HF2348