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Tackling Predatory Litigation Funding Act
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
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
10Democrat Sponsors
0Republican Sponsors
10Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
0Republican Cosponsors
8Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1821
Primary Policy Focus
TaxationAlternate 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.
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.
Comments
Bridger Brady
767
10 months ago
This bill is so dumb, like why do they wanna tax money from lawsuits? It's just gonna make things harder for everyone. SMH.
Sponsors and Cosponsors of S 1821
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