2025-2026 Regular Session • New York Legislature
A00804
Legislative Summary
Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the prepayment of the funded amount prior to the settlement of their case; makes related provisions.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/8/2025
referred to consumer affairs and protection
Assembly
1/24/2025
amend and recommit to consumer affairs and protection
Assembly
1/24/2025
print number 804a
Assembly
3/27/2025
amend and recommit to consumer affairs and protection
Assembly
3/27/2025
print number 804b
Assembly
Status Information
Current Status
Introduced(1/8/2025)
Chamber
Assembly
Committee
Consumer Affairs and Protection(Assembly)
Sponsors
Democrat: 18
Primary Sponsor
William Magnarelli
Democrat
Co-Sponsors (17)
Jo Simon
Democrat
Nader Sayegh
Democrat
Marianne Buttenschon
Democrat
Vivian Cook
Democrat
Jaime Williams
Democrat
Jeffrey Dinowitz
Democrat
Albert Stirpe
Democrat
Chantel Jackson
Democrat
Jessica Gonzalez-Rojas
Democrat
Andrew Hevesi
Democrat
Alfred Taylor
Democrat
Amanda Septimo
Democrat
Christopher Burdick
Democrat
Maryjane Shimsky
Democrat
Phillip Steck
Democrat
William Colton
Democrat
Deborah Glick
Democrat