A bill to amend title 28, United States Code, to increase transparency and oversight of third-party litigation funding in certain actions, and for other purposes.

S. 3826 proposes to amend federal law to enhance transparency and oversight regarding third-party litigation funding. Third-party litigation funding refers to arrangements where outside entities provide financial support to parties involved in lawsuits. This bill would establish requirements to make these funding arrangements more visible and subject to greater oversight.

If enacted, the bill could affect how litigation funding is disclosed and regulated in certain types of legal actions. Citizens involved in lawsuits or considering litigation funding arrangements may face new disclosure requirements or restrictions. The bill is currently in the early stages of the legislative process, having been introduced in the Senate and referred to committee for consideration.