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MississippiSB 27472026 Regular SessionSenate

Foreign Third-Party Litigation Funders; require disclosure to the Attorney General.

Sponsored By: Brice Wiggins (Republican)

Signed by Governor

Judiciary AJudiciary, Division A

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Foreign lawsuit funders must report to Attorney General

Beginning July 1, 2026, foreign third‑party litigation funders must report to the Mississippi Attorney General. The rule applies when they fund lawsuit costs or potential loss payments and their money includes a foreign entity of concern. They must disclose the name, address, and citizenship or incorporation country of any such foreign entity with rights to outcome‑based payments in the case or a portfolio of cases. They must also identify any such foreign entity that received or can receive proprietary or national‑security‑related information through the funding deal. They must provide a copy of any agreement that creates an outcome‑based payment right. Disclosures are due within 30 days after the agreement or the lawsuit filing; if the agreement comes after filing, within 30 days after service. This does not cover information held by a party, the party’s counsel of record, or the law firm of record.

Who is covered by reporting rule

The law defines who is covered and who is not. A foreign entity of concern includes groups tied to a foreign country of concern, or on U.S. terrorism or sanctions lists. A foreign person includes certain non‑U.S. citizens, associations, and corporations from those countries. A third‑party litigation funder is someone who pays case costs in return for payments tied to the outcome. The law excludes parties and law firms of record, non‑contingent lenders, health insurers and medical providers paid for care, living‑expense funders, and some nonprofits seeking only injunctions or declarations. These definitions apply starting July 1, 2026.

Sponsors & Cosponsors

Sponsor

  • Brice Wiggins

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 300 • No: 34

House vote • 4/1/2026

Conference Report Adopted

Yes: 111 • No: 6

Senate vote • 4/1/2026

Conference Report Adopted

Yes: 48 • No: 4

House vote • 3/10/2026

Passed As Amended

Yes: 89 • No: 24

Senate vote • 2/12/2026

Passed

Yes: 52 • No: 0

Actions Timeline

  1. Approved by Governor

    4/8/2026legislature

  2. Enrolled Bill Signed

    4/6/2026House

  3. Enrolled Bill Signed

    4/6/2026Senate

  4. Conference Report Adopted

    4/1/2026Senate

  5. Conference Report Adopted

    4/1/2026House

  6. Conference Report Filed

    3/31/2026House

  7. Conference Report Filed

    3/31/2026Senate

  8. Recommitted For Further Conf

    3/31/2026Senate

  9. Recommitted For Further Conf

    3/31/2026House

  10. Conference Report Filed

    3/30/2026Senate

  11. Conference Report Filed

    3/30/2026House

  12. Conferees Named Hood,Aguirre,Yates

    3/23/2026House

  13. Conferees Named Wiggins,Thompson,Simmons (12th)

    3/18/2026Senate

  14. Decline to Concur/Invite Conf

    3/17/2026Senate

  15. Returned For Concurrence

    3/11/2026House

  16. Passed As Amended

    3/10/2026House

  17. Amended

    3/10/2026House

  18. Title Suff Do Pass As Amended

    3/3/2026House

  19. Referred To Judiciary A

    2/16/2026House

  20. Transmitted To House

    2/13/2026Senate

  21. Passed

    2/12/2026Senate

  22. Committee Substitute Adopted

    2/12/2026Senate

  23. Title Suff Do Pass Comm Sub

    2/3/2026Senate

  24. Referred To Judiciary, Division A

    1/19/2026Senate

Bill Text

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