# Tennessee HB 2108: AN ACT to amend Tennessee Code Annotated, Title 47, relative to litigation financing. Tennessee HB 2108, AN ACT to amend Tennessee Code Annotated, Title 47, relative to litigation financing., is a 114th General Assembly (2025-2026) House bill sponsored by no sponsor on record; status signed, last action 2026-05-26 (Effective date(s) 05/19/2026) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/TN-HB2108-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Tennessee HB 2108 - State: Tennessee - Session: 114th General Assembly (2025-2026) - Title: AN ACT to amend Tennessee Code Annotated, Title 47, relative to litigation financing. - Status: signed - Chamber: House - Introduced: 2026-02-02 - Last action: 2026-05-26, Effective date(s) 05/19/2026 - Sponsors: no sponsor on record - Cosponsors: 1 - Subjects: Business and Commerce - Touches household money: no - Roll calls: 5 (139 yes, 6 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - Funded parties keep control of lawsuits: benefit, low. Commercial lawsuit funders cannot choose lawyers, expert witnesses, case strategy, or settlement decisions. The parties and their lawyers keep control, and the financing contract must say so. Litigation financing contracts must also include the required disclosures as important contract terms. Thes… - Lawsuit funders face fee and recovery caps: benefit, low. Commercial lawsuit funders cannot charge an annual fee above 10% of the original amount provided. In cases seeking money damages, funders also face a limit on what they can contract for, receive, or recover. That limit equals the parties’ combined share of proceeds after lawyer fees and case costs… - Lawsuit funders must cover adverse case costs: benefit, low. Commercial lawsuit funders can be held responsible for the full covered costs or money sanctions against funded parties or their lawyers. Those amounts must arise from or relate to the funded proceeding. Funders must also agree to cover adverse costs, lawyer fees, damages, or sanctions ordered in t… - Funded parties must file financing contracts: cost, low. A party or lawyer must file a commercial financing contract covering a pending case and give other parties a copy. The deadline is 14 days after the initial pleading, or 14 days after a later contract is signed or changed. Before filing, they can ask the court to limit further sharing through a pro… - Foreign adversary ties bar lawsuit funders: cost, low. People with direct or indirect business-related ties to a designated foreign adversary cannot register or operate as Tennessee litigation financiers. Covered ties include foreign persons, foreign principals, and sovereign wealth funds linked to designated foreign adversaries. The designation follow… - Lawsuit funders must register and pay fees: cost, low. Litigation financiers must register with Tennessee’s Secretary of State before conducting financing transactions and maintain an approved $50,000 surety bond. The bond stays in effect while state records list them as financiers and backs claims arising from violations. Business entities and partner… ## Sponsors and cosponsors - Cosponsor: Fred Atchley (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-20 | Senate | FLOOR VOTE: Third Consideration 4/20/2026 | pass | 26 | 6 | | | 2026-03-09 | House | FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 3/9/2026 | pass | 91 | 0 | | | 2026-03-09 | House | HOUSE CALENDAR & RULES COMMITTEE | fail | 0 | 0 | | | 2026-03-04 | House | HOUSE COMMERCE COMMITTEE | pass | 16 | 0 | | | 2026-02-18 | House | HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE | pass | 6 | 0 | | ## Bill text - HA0603 (Substitute), 2026-03-09: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA0603.pdf) - Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc1005.pdf) - Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/SB2101.pdf) - Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/HB2108.pdf) - SA1017: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA1017.pdf) ## Related bills - HB 2091: AN ACT to amend Tennessee Code Annotated, Title 70, Chapter 9, relative to off-highway vehicles. (failed) - HB 2023: AN ACT to amend Tennessee Code Annotated, Section 40-24-109, relative to the victims assistance assessment. (failed) - HB 1967: AN ACT to amend Tennessee Code Annotated, Title 39, Chapter 13 and Title 55, Chapter 10, relative to leaving the scene of an accident. (failed) - HB 1906: AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, Part 6, relative to creditable service for a period of disability. (failed) - HB 1720: AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7 and Title 13, relative to zoning outside of municipal boundaries. (failed) - HB 1710: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 1 and Title 4, Chapter 58, relative to public benefits. (failed) ## Sources - [HA0603 (Substitute) (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA0603.pdf) - [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc1005.pdf) - [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/SB2101.pdf) - [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/HB2108.pdf) - [SA1017 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA1017.pdf) ## Related - [HB 2091: AN ACT to amend Tennessee Code Annotated, Title 70, Chapter 9, relative to off-…](https://policyrisk.com/state-bill/TN-HB2091-2025-2026) - [HB 2023: AN ACT to amend Tennessee Code Annotated, Section 40-24-109, relative to the vi…](https://policyrisk.com/state-bill/TN-HB2023-2025-2026) - [HB 1967: AN ACT to amend Tennessee Code Annotated, Title 39, Chapter 13 and Title 55, Ch…](https://policyrisk.com/state-bill/TN-HB1967-2025-2026) - [HB 1906: AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, Part 6, relative…](https://policyrisk.com/state-bill/TN-HB1906-2025-2026) - [HB 1720: AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7 and Title 1…](https://policyrisk.com/state-bill/TN-HB1720-2025-2026) - [HB 1710: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 1 and Title 4, Chapt…](https://policyrisk.com/state-bill/TN-HB1710-2025-2026) - [Tennessee bills](https://policyrisk.com/states/tennessee/bills) - [Tennessee state hub](https://policyrisk.com/states/tennessee) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/TN-HB2108-2025-2026 (as of 2026-11-01).