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Committee advances bill to shift third‑party litigation financing reporting to courts; passes on consent
Summary
The committee moved House Bill 733 (third‑party litigation financing) to the House consent calendar after sponsor Representative Bridal Cole said the bill removes a Secretary of State reporting requirement and relies on existing court reporting; a revised fiscal note shows no state cost.
House legislators on the committee advanced House Bill 733 on the consent calendar after sponsor Representative Bridal Cole said the measure simply changes where reporting on third‑party litigation financing (TPLF) is handled.
“This is TPLF, third party litigation financing. It's when 2 people have a lawsuit, and it's a…
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