StateOhio

HB 105: Revise non-recourse litigation funding agreement regulations

Meredith CraigIntroduced

HB 105 status: Introduced — Effective 10/6/26 (updated Oct 6, 2026).

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What this bill does

Overall score

Score50/100 civic fit
RiskHigh risk
ImpactModerate impact 65/100

Bill summary

Official

This law updates the rules for companies that provide "lawsuit cash advances." These are agreements where a company gives you money to help cover your bills while you are waiting for your lawsuit to settle. If you lose your case, you don’t have to pay that money back. The new rules are designed to make these agreements...

Key analysis

Constitutionality80%
Bipartisan50%
Public opinion50%
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Impact analysis

Environment

Mixed / Neutral
50%

Benefits

  • No direct environmental benefit identified

Risks

  • No direct environmental risk identified

Economy

Mixed / Neutral
55%

Benefits

  • Greater regulatory clarity for financial service providers
  • Standardization of contract requirements

Risks

  • Potential increased compliance costs for funding firms
  • Risk of reduced capital availability for plaintiffs

Society

Mixed / Neutral
55%

Benefits

  • Potential for improved consumer transparency and protection
  • Clearer legal standards for litigation funding agreements

Risks

  • Risk that new regulations may make funding prohibitively expensive for some plaintiffs
  • Possible reduction in access to justice for underfunded litigants
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How trustworthy & consequential it is

Source

OpenStates

Confidence

low

low

Analysis status

OpenStates summary

Warning

Potential for market contraction in litigation finance availability

Limitation

Analysis based solely on abstract; full statutory text not reviewed

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Where it stands

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Introduced

Current

Effective 10/6/26

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Committee

Upcoming
3

Floor

Upcoming
4

Governor

Upcoming
5

Enacted

Upcoming
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