Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House rejects bill to regulate third‑party litigation financing after heated debate
Summary
The South Dakota House voted down Senate Bill 175, a proposal to regulate third‑party litigation financing, after lawmakers split over consumer protection and potential impacts on access to justice.
The South Dakota House of Representatives voted down Senate Bill 175 on March 5, 2025, a measure that would have required disclosure and licensing for third‑party litigation financiers and limited certain financing terms.
Proponents said the bill would bring transparency to an expanding industry that can influence litigation strategy. Representative Roby, the bill—s floor sponsor, described third‑party litigation financing as "a growing and concerning trend in our judicial system" and said…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
