Tackling Predatory Litigation Funding Act

Hozzl · 2025-06-17T21:06:20Z

Explore the details of House Bill 3512 Tackling Predatory Litigation Funding Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/17/2025, 9:06 PM

Summary of Bill HR 3512

The bill titled "To amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation" was introduced in the 119th Congress on May 20, 2025.

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Current Status of Bill HR 3512

Bill HR 3512 is currently in the status of Bill Introduced since May 20, 2025. Bill HR 3512 was introduced during Congress 119 and was introduced to the House on May 20, 2025. Bill HR 3512's most recent activity was Referred to the House Committee on Ways and Means. as of May 20, 2025

Bipartisan Support of Bill HR 3512

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 3512

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3512

To amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation.

Comments

Lane Conrad

429

6 months ago

I have some concerns about this bill.

Alanna Blackburn

514

6 months ago

I can't believe this bill is even being considered! It's just another way for big corporations to avoid accountability and take advantage of regular folks like me. This is just another example of the government siding with the wealthy and powerful, while leaving the rest of us to fend for ourselves. It's not fair and it's not right. Who benefits from this bill? Certainly not the average American citizen.

Camilo Greenberg

467

6 months ago

I don't understand why some people are against this bill. It's about time we put a stop to those shady litigation funders taking advantage of hardworking Americans. This bill will protect individuals and small businesses from being exploited by these predatory practices. It's a no-brainer, really. This bill is a step in the right direction towards a fairer legal system for all.