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SB 894

Maryland Senate bill in Session 2026.

Status: introduced. Latest action: April 10, 2026.

Third-Party Litigation Financing - Licensing and Regulation.

Bill ID MD-2026-SB-894
Session 2026
Status introduced
Committee Finance
Senate introduced 2026-04-10
Business / Commerce
Summary

Prohibiting a certain litigation financier from providing certain litigation financing unless licensed under the Maryland Consumer Loan Law or provisions of law relating to installment loans; providing that litigation financing shall be considered a loan for certain purposes; requiring a certain disclosure of a litigation financing contract in certain civil actions; and providing that certain information is a permissible subject of discovery in certain civil actions.

Sponsor
Senator Gile
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-02-06 Status introduced
2026-04-10 Latest Action In the Senate - Hearing 2/27 at 1:00 p.m.
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