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.
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Testimony (23)
MGA witness listFAV 11FavorableFWA 5Favorable with amendmentsUNF 7Unfavorable
Organizations on record
Registered lobbyists who testified
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…
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…
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.…
