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OK HB2619
Bill
Status
5/15/2025
Primary Sponsor
Erick Harris
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AI Summary
HB 2619 Summary
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Establishes the "Foreign Litigation Funding Prevention Act" requiring parties to produce commercial litigation funding agreements upon discovery request under Oklahoma's discovery rules.
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Prohibits information about commercial litigation funding agreements from being admissible as evidence at trial, but requires producing parties to certify whether funds are sourced from foreign states or their agencies/instrumentalities as defined in federal law.
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Requires certification disclosing foreign funding sources to identify the specific foreign state, agency, or instrumentality providing funds, with updates required within 30 days if certification becomes incomplete or materially inaccurate.
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Exempts consumer litigation funding agreements as defined in Oklahoma Statutes Title 14A, Section 3-801 from disclosure and certification requirements.
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Becomes effective November 1, 2025.
Legislative Description
Discovery; creating the Foreign Litigation Funding Prevention Act; commercial litigation funding agreements; prohibiting admissibility of certain information as evidence; effective date.
Last Action
Approved by Governor 05/14/2025
5/15/2025