Sign in

Back to the bill

91st General Assembly · Funnel one-pager · Monday, November 9, 2026

SF 53: Prohibiting litigation financing contracts, and including effective date and applicability provisions

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

What it does

This bill prohibits litigation financing contracts. Litigation financing contracts are agreements between a third party and a plaintiff, an attorney, or a law firm of a civil action in which the third party provides funding for legal expenses in exchange for a percentage of any settlement or judgment.F. Code chapter (workers’ compensation). The bill takes effect upon enactment and applies to litigation financing contracts entered into on or after the effective date of the bill.

Sponsors

Sen. Adrian Dickey (R)

Cost

No fiscal note

Senate subcommittee · named January 16, 2025

  • Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
  • Sen. Matt Blake (D) · matt.blake@legis.iowa.gov
  • Sen. Lynn Evans (R) · lynn.evans@legis.iowa.gov

Lobbying · 1 for, 4 against

For: Iowa Motor Truck Association

Against: Alliance for Responsible Consumer Legal Funding; American Legal Finance Association; International Legal Finance Association; Iowa Academy of Trial Lawyers

In plain words

  1. January 15, 2025Filed in the Senate and sent to the Judiciary committee
  2. January 16, 2025Senate subcommittee named: Bousselot, Blake and Evans
  3. January 23, 2025Subcommittee recommended passing it

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/91/SF53