Florida HB 1157: Equity In School-level Funding

Bill Text

HB 1157 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1157-00
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A bill to be entitled 1
An act relating to litigation financing; providing a 2
short title; designating part I of ch. 69, F.S., 3
entitled "General Provisions"; creating part II of ch. 4
69, F.S., entitled "Litigation Financing"; creating s. 5
69.101, F.S.; providing definitions; creating s. 6
69.103, F.S.; requiring courts to consider potential 7
conflicts of interest that may arise from the 8
existence of a litigation financing agreement in 9
specified circumstances; creating s. 69.105, F.S.; 10
prohibiting specified acts by litigation financiers; 11
creating s. 69.107, F.S.; requiring certain parties 12
that enter into specified litigation financing 13
agreements to serve specified notice; providing 14
requirements for such notices; providing that certain 15
information is not required to be included in such 16
notices; authorizing courts to take specified actions 17
relating to such notices; prohibiting foreign funders 18
from taking specified actions; providing construction; 19
providing penalties; creating s. 69.111, F.S.; 20
providing that a litigation financing agreement is 21
void and unenforceable in specified circumstances; 22
providing for enforcement of specified violations 23
under the Florida Deceptive and Unfair Trade Practices 24
Act; authorizing a court, an agency, or a tribunal of 25

HB 1157 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1157-00
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competent jurisdiction to impose fines or other 26
sanctions for certain violations; providing 27
severability; providing applicability; providing an 28
effective date. 29
30
Be It Enacted by the Legislature of the State of Florida: 31
32
Section 1. This act may be cited as the "Litigation 33
Investment Safeguards and Transparency Act." 34
Section 2. Sections 69.011, 69.021, 69.031, 69.041, 35
69.051, 69.061, 69.071, and 69.081, Florida Statutes, are 36
designated as part I of chapter 69, Florida Statutes, and 37
entitled "General Provisions." 38
Section 3. Part II of chapter 69, Florida Statutes, 39
consisting of ss. 69.101, 69.103, 69.105, 69.107, and 69.111, 40
Florida Statutes, is created and entitled "Litigation 41
Financing." 42
Section 4. Section 69.101, Florida Statutes, is created to 43
read: 44
69.101 Definitions.—As used in this part, the term: 45
(1) "Foreign funder" means a foreign person, foreign 46
principal, or sovereign wealth fund that provides funding 47
directly or indirectly under a litigation financing agreement. 48
(2) "Foreign person" means a person or an entity that is 49
not: 50

HB 1157 2026

CODING: Words stricken are deletions; words underlined are additions.
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(a) A citizen of the United States; 51
(b) An alien lawfully admitted for permanent residence in 52
the United States; 53
(c) An unincorporated association, a majority of members 54
of which are citizens of the United States or aliens lawfully 55
admitted for permanent residence in the United States; or 56
(d) A corporation incorporated in the United States. 57
(3) "Foreign principal" means: 58
(a) The government or a government official of any country 59
other than the United States; 60
(b) A political subdivision or political party, or an 61
official thereof, of a country other than the United States; or 62
(c) A partnership, an association, a corporation, an 63
organization, or other combination of persons organized under 64
the laws of, or having its principal place of business in, a 65
country other than the United States whose shares or other 66
ownership interest is owned by the government or a government 67
official of a country other than the United States or owned by a 68
political subdivision or political party, or an official 69
thereof, of a country other than the United States. 70
(4) "Health care practitioner" has the same meaning as in 71
s. 456.001. 72
(5) "Litigation financier" means a person engaged in the 73
business of providing litigation financing. 74
(6) "Litigation financing agreement" means a transaction 75

HB 1157 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1157-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

in which a litigation financier agrees to provide financing to a 76
person who is a party to or an attorney or a law firm 77
representing a party in a civil action, an administrative 78
proceeding, a claim, or other legal proceeding in exchange for a 79
right to receive payment, which right is contingent in any 80
respect on the outcome of such action, claim, or proceeding or 81
on the outcome of any matter within a portfolio that includes 82
such action, claim, or proceeding and involves the same counsel 83
or affiliated coun