Introduced
S. 1821
Introduced in Senate · May 28, 2025May 20, 2025
Mr. Tillis introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation.
Tax imposed
Definitions
Special rules
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Tackling Predatory Litigation Funding Act”.