CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 894

Did not advanceCrossfile HB 1298
Add to calendar

Third-Party Litigation Financing - Licensing and Regulation

Sponsor: Dawn Gile (District 33)Committee: FinanceSubject: Financial InstitutionsStatus: Hearing 2/27 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.

AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.

Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (23)

MGA witness list
FAV 11FavorableFWA 5Favorable with amendmentsUNF 7Unfavorable

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
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
FWAAllen, HannahMaryland Chamber of CommerceRegistered for: Maryland Chamber of Commerce
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.