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Assembly bill · A3225 (2025-26)

Relates to consumer litigation funding

New York State Assembly

Latest action Jan 7, 2026

Sponsor: Latrice Walker (Assembly Member, District 55, Democratic)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 17, 2026. About our data

Summary

Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the prepayment of the funded amount prior to the settlement of their case; makes related provisions.

Summary from NY Open Legislation. How we handle summaries

Amends the General Business Law.

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Consumer Affairs and Protection · New York State Assembly

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Cosponsors

Full history

  1. Jan 7, 2026

    Referred to committee

    REFERRED TO CONSUMER AFFAIRS AND PROTECTION

    NY Assembly

  2. Jan 24, 2025

    Referred to committee

    REFERRED TO CONSUMER AFFAIRS AND PROTECTION

    NY Assembly

Read the record