Tackling Predatory Litigation Funding Act

Hozzl · 2025-06-17T21:06:20Z

Explore the details of Senate Bill 1821 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 S 1821

This bill, designated as S. 1821 in the 119th Congress and introduced on May 20, 2025, aims to amend the Internal Revenue Code of 1986. The bill proposes to establish a tax on income derived from litigation that is received by third-party entities offering financial support for such litigation.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 1821

Bill S 1821 is currently in the status of Bill Introduced since May 20, 2025. Bill S 1821 was introduced during Congress 119 and was introduced to the Senate on May 20, 2025. Bill S 1821's most recent activity was Read twice and referred to the Committee on Finance. as of May 20, 2025

Bipartisan Support of Bill S 1821

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1821

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1821

A bill 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.