l9n/ Mississippi

2013 Regular Session

House Bill 503

MS Consumer Civil Litigation Funding Act; enact.

Did not become law. It stopped in the House of Representatives's Judiciary A Committee on February 5, 2013. The 2013 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE MISSISSIPPI CONSUMER CIVIL LITIGATION FUNDING ACT; TO DEFINE CERTAIN TERMS; TO SPECIFY CERTAIN REQUIREMENTS FOR NONRECOURSE CIVIL LITIGATION FUNDING TRANSACTIONS; TO PROHIBIT CIVIL LITIGATION FUNDING PROVIDERS FROM TAKING CERTAIN ACTIONS; TO REQUIRE THAT NONRECOURSE CIVIL LITIGATION FUNDING CONTRACTS TO CONTAIN CERTAIN DISCLOSURES; TO PROVIDE THAT VIOLATIONS OF THIS ACT SHALL BE CONSIDERED TO BE UNFAIR OR DECEPTIVE ACTS OR PRACTICES IN THE CONDUCT OF TRADE OR COMMERCE; TO PROVIDE FOR CIVIL PENALTIES FOR WILLFUL VIOLATIONS OF THIS ACT; TO PROVIDE THAT NONRECOURSE CIVIL LITIGATION FUNDING TRANSACTIONS SHALL NOT BE CONSIDERED TO BE LOANS; TO SET THE MAXIMUM PERCENTAGE OF PROCEEDS PROVIDED TO A CONSUMER UNDER THIS ACT THAT A CIVIL LITIGATION FUNDING PROVIDER MAY RECEIVE; TO AMEND SECTION 75-24-5, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 21 to February 5, 2013, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 21 to Feb 5 · stopped15 days

Judiciary AJan 21 to Feb 5 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 21 – Feb 5

  1. Jan 21Referred to the House committee on Judiciary A
  2. Feb 5Died in committee in the House
All 2 actions, as published
  1. Jan 21Referred To Judiciary AHouse of Representatives
  2. Feb 5Died In CommitteeHouse of Representatives