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HB 1298

Did not advanceCrossfile SB 894
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Third-Party Litigation Financing - Licensing and Regulation

Sponsor: Andre V. Johnson, Jr. (District 34A)Committee: Economic MattersSubject: Financial InstitutionsStatus: Hearing 3/03 at 1:00 p.m. (as of Sep 4, 2026)

What this bill does

Official synopsis

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.

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Testimony (21)

MGA witness list
FAV 12FavorableFWA 3Favorable with amendmentsUNF 6Unfavorable

Organizations on record

Registered lobbyists who testified

FAVPachman, LaurenAllstateRegistered for: Allstate Insurance Company
FAVPopham, BrysonBryson F. Popham, P.A.Registered for: Agency Insurance Company of Maryland; Agency Services, Inc.; Army Alliance; Bryson F. Popham P.A.; Building Owners and Managers Association of Greater Baltimore (BOMA); CVS Health
FAVRichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association
FAVWiggins, GrasonMaryland Chamber of CommerceRegistered for: Maryland Chamber of Commerce; United Way of Central Maryland, Inc.; Madison Marquette Property Investments LLC; Maryland Automobile Insurance Fund; Family Tree, The; OVG Facilities
FAVCollins, CarvilleMaryland Employers for Civil Justice Reform CoalitionRegistered for: Artesian Resources Corporation; Columbia Gas of Maryland; Maryland Employers for Civil Justice Reform Coalition; Pepco Holdings, LLC.; Health Facilities Association of Maryland; General Motors LLC
FAVWhitaker, JakeMaryland Hospital AssociationRegistered for: Maryland Hospital Association
FAVCampion, LouisMaryland Motor Truck AssociationRegistered for: Maryland Motor Truck Association
FAVRotunno, GinaNAMICRegistered for: National Association of Mutual Insurance Companies (NAMIC)
FAVBurriss, HannahNational Insurance Crime BureauRegistered for: National Insurance Crime Bureau
FAVLininger, BrettRegistered for: Aflac (American Family Life Assurance Company); Amazon.com Services, LLC; American International Group; Boyd Gaming Corporation; Brookfield Power US Asset Management LLC; Centers for Better Insurance, LLC
UNFBellamy, LorenzoRegistered for: ACLU of Maryland; Alliance for Responsible Consumer Legal Funding; American Forest & Paper Association; Americans for Patient Access; Avaya, Inc.; Bellamy Genn Group, LLC
FWAEgan, NancyAmerican Property & Casualty Insurance AssociationRegistered for: American Property Casualty Insurance Association
FWABereano, BruceRegistered for: 5400 Holiday Drive LLC; Anne Arundel County Fair; Aurora Technical Systems; BWI Airport Fire Rescue Local 1742; BWI Airport Professional Firefighters; BWI Taxi Management, Inc.