Bills · S 3826
IN COMMITTEE· 119TH CONGRESS
Senate BillS 3826Law
Litigation Funding Transparency Act of 2026
INTRO FEB 11· LAST ACTION FEB 11
READING
8MIN
COSPONSORS
3
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it aims to increase transparency regarding who is financing major lawsuits in the U.S. legal system and to address concerns about potential foreign influence. Currently, the public and even other parties in a lawsuit might not know when outside entities, especially foreign ones, are providing significant financial support for litigation. If this bill becomes law, it would bring this funding into the open, allowing courts, the public, and other parties to understand the full scope of financial interests at play in a case.
This could be particularly important in lawsuits that touch upon sensitive issues like national security, critical industries, or public policy, where hidden foreign involvement could raise questions about fairness, motivations, and undue influence. Without this bill, many third-party litigation funding arrangements can remain secret. If it passes, it promises more clarity and potentially more informed legal processes; if it doesn't, the current level of secrecy surrounding these arrangements would continue.
KEY PROVISIONS
5AI-extractedPROVISION 01
Requires parties in class actions, multidistrict litigations, and other large consolidated civil actions to disclose the identity of any third-party funder.
This ensures that judges, opposing parties, and the public know who is financially backing major lawsuits.
PROVISION 02
Mandates specific disclosure if the third-party funder is a foreign state, foreign person, sovereign wealth fund, or a commercial enterprise controlled by such foreign entities.
This targets concerns about foreign influence and ensures specific awareness when foreign entities are involved in funding U.S. litigation.
PROVISION 03
Compels parties to produce the actual funding agreement for court and other parties' inspection and copying.
This provides direct insight into the terms and nature of the funding relationship, not just the identity of the funder.
PROVISION 04
Establishes that the Administrative Office of the United States Courts will collect information on foreign funders and report it to Congress and other agencies.
This creates a central repository and oversight mechanism for tracking foreign involvement in litigation funding.
PROVISION 05
Sets deadlines for disclosures (10 days after agreement or at time of service) and includes a duty to correct any incomplete or incorrect information.
Ensures timely and accurate information is provided throughout the litigation process.
SPONSORSHIP
1 + 3
R· Iowa
YRS IN OFFICE
51
BILLS LED
92
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 3 IND 0
ACTION TIMELINE
2 EVENTSFEB 11
Introduced in Senate
FEB 11
Read twice and referred to the Committee on the Judiciary.
BILL INFO
TypeSenate Bill
NumberS 3826
Congress119th
StatusIn Committee
IntroducedFeb 11, 2026
Last actionFeb 11, 2026
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IN COMMITTEE· 119TH CONGRESS · JUDICIARY COMMITTEE · INTRODUCED FEB 11, 2026
Senate BillS 3826Law
Litigation Funding Transparency Act of 2026
INTRODUCED FEB 11, 2026· LAST ACTION FEB 11, 2026
PASSAGE CHANCES
—%
READING
8 min
COSPONSORS
3
COMPLEXITY
Moderate
