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New York · 2025 Regular Session · Bill

A 240: Provides for protections regarding consumer litigation funding

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 240 is a bill introduced in the New York House on January 8, 2025. According to its official title, it concerns: Provides for protections regarding consumer litigation funding. Primary sponsor: Erik Dilan (Democratic). It lists 2 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO CONSUMER AFFAIRS AND PROTECTION.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Establishes that consumer litigation funding transactions should be subject to state regulation and sets forth requirements regarding disclosure, licensing, funding company and attorney responsibilities and limitations, violations and other provisions.

Sponsors

Sponsors by party (alphabetical): Democratic 3

NameRolePartyChamberDistrict
Erik DilanPrimary sponsorDemocraticHouse54
William ColtonCo-sponsorDemocraticHouse47
Karines ReyesCo-sponsorDemocraticHouse87

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO CONSUMER AFFAIRS AND PROTECTION
  2. REFERRED TO CONSUMER AFFAIRS AND PROTECTION

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source