--- type: "Bill" title: "CONTRACTS: Provides for regulation of litigation funding by a third party that is a foreign person, state, or wealth fund. (8/1/24) (EN SEE FISC NOTE GF EX)" description: "CONTRACTS: Provides for regulation of litigation funding by a third party that is a foreign person, state, or wealth fund. (8/1/24) (EN SEE FISC NOTE GF EX)" jurisdiction: "us/states/la" legislature: "Louisiana Legislature" session: "2024" identifier: "SB 355" citation: "Louisiana SB 355 (2024)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Jeremy Stine"] version_count: 19 action_count: 33 vote_count: 6 first_action: "2024-03-01" last_action: "2024-06-19" source: "openstates" source_identifier: "ocd-bill/fc39ad54-e866-4db3-aa16-1cb3d3b982ce" source_url: "https://www.legis.la.gov/Legis/BillInfo.aspx?i=246636" source_hash: "e5e205b5a3025a00b9eae6a3f96200fad3de1bf17e0e52b5a96510d76bc51836" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-la"] --- # Louisiana SB 355 (2024) — CONTRACTS: Provides for regulation of litigation funding by a third party that is a foreign person, state, or wealth fund. (8/1/24) (EN SEE FISC NOTE GF EX) ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **SB355 Original** (filed) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1352788) 2. **Conference Committee Report, #4217, House Adopted, Senate Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1378494) 3. **House Committee Amendment, #3833, CL&P, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1369676) 4. **House Committee Amendment, #3834, CL&P, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1369677) 5. **House Committee Amendment, #3835, CL&P, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1369691) 6. **House Committee Amendment, #3855, CL&P, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1369754) 7. **House Committee Amendment, #3862, CL&P, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1369819) 8. **House Floor Amendment, #4667, Firment, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1374792) 9. **House Legislative Bureau Amendment, #2712, BUREAU, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1370165) 10. **SB355 Act 765** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1382655) 11. **SB355 Engrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1358244) 12. **SB355 Reengrossed** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1367949) 13. **Senate Committee Amendment, #1128, JUDA, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1357318) 14. **Senate Committee Amendment, #1208, JUDA, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1358120) 15. **Senate Committee Amendment, #1212, JUDA, Draft** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1358154) 16. **Senate Committee Amendment, #1221, JUDA, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1358212) 17. **Senate Floor Amendment, #2265, Stine, Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1367683) 18. **Senate Floor Legislative Bureau Amendment, #1313, Miller, G., Adopted** (committee substitute) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1358799) 19. **SB355 Enrolled** (enrolled) — [source](https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1381092) ## Votes - FINAL PASSAGE (#353) — **37–0** (pass) · upper - ADOPT (#1400) — **39–0** (pass) · upper - ADOPT CONFERENCE REPORT (#1707) — **92–1** (pass) · lower - REJECT (#974) — **35–2** (pass) · upper - FINAL PASSAGE (#1092) — **81–20** (pass) · lower - AMENDMENT # 4667 BY FIRMENT, MOTION TO ADOPT (#1091) — **64–30** (pass) · lower ## Sponsors - Jeremy Stine — primary (person) - Valarie Hodges — cosponsor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2024-06-19** Effective date 8/1/2024. - **2024-06-19** Signed by the Governor. Becomes Act No. 765. `became-law, executive-signature` - **2024-06-03** Sent to the Governor by the Secretary of the Senate. `executive-receipt` - **2024-06-02** Signed by the Speaker of the House. - **2024-06-02** Enrolled. Signed by the President of the Senate. `enrolled` - **2024-05-31** Notice House adopted the Conference Committee Report. - **2024-05-31** Notice of Senate adoption of Conference Committee Report. - **2024-05-31** Conference Committee Report read, roll called, yeas 92, nays 1. The Conference Committee Report was adopted. - **2024-05-31** Conference Committee Report read; adopted by a vote of 39 yeas and 0 nays. - **2024-05-30** Scheduled for floor debate on 05/31/2024. - **2024-05-30** Conference committee report received. - **2024-05-30** Conference Committee report received. Lies over under the rules. - **2024-05-30** Notice of Senate rejecting House amendments. - **2024-05-23** Notice House Conference Committee members appointed. - **2024-05-23** House conferees appointed: Muscarello, Firment, and Chenevert. - **2024-05-22** Notice of Senate conferees appointed. - **2024-05-21** Senate conference committee members appointed: Stine, Foil, and Miller. - **2024-05-20** Amendments proposed by the House read and rejected by a vote of 35 yeas and 2 nays. - **2024-05-15** Received from the House with amendments. `receipt` - **2024-05-15** Read third time by title, amended, roll called on final passage, yeas 83, nays 20. Finally passed, ordered to the Senate. `passage` - **2024-05-14** Scheduled for floor debate on 05/15/2024. - **2024-05-01** Read by title, amended, passed to 3rd reading. `reading-3` - **2024-04-30** Reported with Legislative Bureau amendments. - **2024-04-29** Reported with amendments (12-0-1). Referred to the Legislative Bureau. `committee-passage-favorable` - **2024-04-24** Read by title, under the rules, referred to the Committee on Civil Law and Procedure. `referral-committee` - **2024-04-23** Received in the House from the Senate, read by title, lies over under the rules. - **2024-04-22** Senate floor amendments read and adopted. Read by title and passed by a vote of 37 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled. `passage` - **2024-04-22** Called from the Calendar. - **2024-04-08** Read by title and returned to the Calendar, subject to call. - **2024-03-27** Read by title. Committee amendments read and adopted. Ordered engrossed and passed to third reading and final passage. - **2024-03-26** Reported with amendments. `committee-passage-favorable` - **2024-03-11** Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Judiciary A. `referral-committee` - **2024-03-01** Prefiled and under the rules provisionally referred to the Committee on Judiciary A. `filing, referral-committee` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fc39ad54-e866-4db3-aa16-1cb3d3b982ce`. Confidence: reported (aggregated from official Louisiana legislature records).