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SB 1396FLORIDA · STATEWIDESession 2026dead
High Impact

Litigation Investment Safeguards and Transparency Act (SB 1396)

Original title: Litigation Financing Consumer Protection

March 13, 2026

litigation financeconsumer protectionforeign investmentcivil proceduretransparencycivil practice and procedure

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The Frame

What this does

The bill impacts how civil lawsuits are funded and managed in Florida by requiring transparency regarding foreign financial influence and ensuring that legal parties, not their financiers, retain control over case decisions and settlements.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Litigation financiers

They are subject to new prohibitions on controlling legal strategy, receiving referral fees, and must comply with mandatory disclosure requirements when foreign funding is involved.

Parties to civil litigation

They must ensure their counsel complies with disclosure requirements if they enter into financing agreements with foreign entities.

Attorneys and law firms

They are responsible for filing required disclosures regarding foreign litigation financing and are prohibited from receiving referral fees from financiers.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Summary

This bill establishes new regulations for , requiring disclosure of foreign funding in legal proceedings and prohibiting financiers from controlling case strategy. It mandates that parties disclose agreements involving foreign entities to the court, the Department of Financial Services, and the Attorney General.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Does this bill require me to disclose my litigation financing agreement to the public?
No. While the existence of the agreement must be disclosed to the court and specific agencies, the bill explicitly states that dollar amounts, financing terms, and are not required to be disclosed and may be filed under seal.
Can a litigation financier tell me how to settle my case?
No. The bill prohibits litigation financiers from directing the course of any legal proceeding or settlement, ensuring that all decision-making power remains with the parties and their counsel.

Why It Matters

The bill impacts how civil lawsuits are funded and managed in Florida by requiring transparency regarding foreign financial influence and ensuring that legal parties, not their financiers, retain control over case decisions and settlements.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Voting Record

Motion succeededupper2/3/2026openstates_bulkOfficial roll call ↗

Favorable with Committee Substitute

Total

23

Yes

13

No

10

Present

0

Not Voting

0

Abstain

0

Motion succeededupper1/27/2026openstates_bulkOfficial roll call ↗

Favorable

Total

10

Yes

8

No

2

Present

0

Not Voting

0

Abstain

0

Full roll-call analysis →

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Increased Oversight of Foreign Influence

The bill reflects a broader legislative trend of requiring transparency for foreign entities involved in domestic legal and financial systems.

Department of Financial ServicesOffice of the Attorney General

Connected Entities

organizationOffice of the Attorney GeneralMap →
organizationDepartment of Financial ServicesMap →
otherFlorida Deceptive and Unfair Trade Practices ActMap →

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy75
    Intensity of disagreement among stakeholders
  • Entertainment20
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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