,,ii  #aai? ,,congress  #b;d ,session   
,s4 #chbf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #aa1 #bjbf,mr4
 ,grassley 7= himself1 ,mr4 ,tillis1    
,mr4 ,k5n$y1 & ,mr4 ,cornyn7 introduc$ !
 foll[+ bill2 :i* 0 read twice & ref]r$ 
to ! ,committee on ! ,judici>y  ,a      
,,bill  ,to am5d title #bh1 ,unit$      
,/ates ,code1 to increase transp>5cy &  
ov]sight ( ?ird-p>ty litigation fund+ 9 
c]ta9 actions1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,litigation ,fund+ ,transp>5cy ,act (   
#bjbf4  #b4 ,transp>5cy & ov]sight (    
?ird-p>ty litigation fund+ 9 class &    
mass actions  7a7 ,9 g5]al ,*apt] #aae (
 title #bh1 ,unit$ ,/ates ,code1 is     
am5d$ by add+ at ! end ! foll[+3  #agdg4
 ,?ird-p>ty litigation fund+ disclosure 
7a7 ,def9itions ,9 ?is section3 7#a7    
,class action ,! t]m class action has ! 
mean+ giv5 ! t]m 9 section #agaa4  7#b7 
,comm]cial ent]prise ,! t]m comm]cial   
ent]prise-- 7,a7 means any entity =m$ = 
! ongo+ conduct ( lawful bus9ess2 &     

7,b7 does n include any entity t1 9 a   
cov]$ civil action1 has a "r or         
expectation ( paym5t bas$ on any        
activity1 "r1 or int]e/ describ$ 9      
subp>agraph 7,a7 or 7,b7 ( p>agraph 7#h7
 t is limit$ to-- 7i7 ! repaym5t ( !    
pr9cipal ( a loan2  7ii7 ! repaym5t ( ! 
pr9cipal ( a loan plus int]e/ t does n  
exce$ ! great] ( #aj p]c5t or a rate #c 
times ! annual av]age #cj-ye> con/ant   
maturity ,treasury yield1 z publi%$ by !
 ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve   
,sy/em1 = ! ye> prec$+ ! date on :i* !  
relevant agreem5t 0 execut$2 or  7iii7 !
 reimbursem5t ( fees or grants paid or  
giv5 to c\nsel ( record = s]vices       
provid$ 9 a cov]$ civil action4  7#c7   
,cov]$ civil action ,! t]m cov]$ civil  
action-- 7,a7 means-- 7i7 any civil     
action transf]r$ to or fil$ 9 coord9at$ 
or consolidat$ pretrial proce$+s        
e/abli%$ by ! judicial panel on         
multidi/rict litigation pursuant to     
section #adjg2  7ii7 any class action2 &
  7iii7 any civil action fil$ 9 a       

coord9at$ or consolidat$ proce$+ be=e a 
di/rict c\rt ( ! ,unit$ ,/ates t        
includes n few] ?an #ajj civil actions2 
&  7,b7 does n include any action br\ght
 or fund$ by a nonpr(it legal           
organization fund$ by donors t is       
provid+ fund+ or repres5tation to cli5ts
 on a pro bono basis if ! donations to !
 nonpr(it organization t are us$ to br+ 
or fund ! action 7 n provid$ by a =eign 
/ate1 a =eign p]son1 a sov]eign weal?   
fund1 or a comm]cial ent]prise1 any (   
:i* is controll$ by or own$ by a =eign  
/ate1 =eign p]son1 or sov]eign weal?    
fund4  7#d7 ,=eign p]son ,! t]m =eign   
p]son-- 7,a7 means any p]son t is n a   
,unit$ ,/ates p]son2 &  7,b7 does n     
include a =eign /ate or a sov]eign weal?
 fund4  7#e7 ,=eign pr9cipal ,! t]m     
=eign pr9cipal has ! mean+ giv5 ! t]m 9 
section #a ( ! ,=eign ,ag5ts            
,regi/ration ,act ( #aich1 z am5d$ 7#bb 
,u4,s4,c4 #faa74  7#f7 ,=eign /ate ,!   
t]m =eign /ate has ! mean+ giv5 ! t]m 9 
section #afjc4  7#g7 ,sov]eign weal?    

fund ,! t]m sov]eign weal? fund means an
 inve/m5t fund own$ or controll$ by a   
=eign /ate1 an ag5cy or in/rum5tality ( 
a =eign /ate1 or an entity a majority ( 
! %>es or o!r own]%ip int]e/ ( :i* is   
own$ or controll$ by a =eign /ate or by 
an ag5cy or in/rum5tality ( a =eign     
/ate4  7#h7 ,?ird-p>ty fund] ,! t]m     
?ird-p>ty fund] means any comm]cial     
ent]prise1 =eign /ate1 =eign p]son1 or  
sov]eign weal? fund1 o!r ?an c\nsel (   
record1 t-- 7,a7 provides or agrees to  
provide direct or indirect monet>y      
support to a p>ty1 c\nsel1 or law firm =
 purposes ( fund+ ! initiation or       
litigation ( a cov]$ civil action 9 :i* 
nei!r ! comm]cial ent]prise1 =eign /ate1
 =eign p]son1 or sov]eign weal? fund1 z 
applicable1 nor a subsidi>y corporation 
!re( 7z def9$ 9 section #dbd7;f7 ( !    
,int]nal ,rev5ue ,code ( #aihf1 det]m9$ 
by sub/itut+ corporation :i* is !       
comm]cial ent]prise1 =eign /ate1 =eign  
p]son1 or sov]eign weal? fund describ$ 9
 section #agdg7;a77#h7 ( title #bh1     

,unit$ ,/ates ,code1 = employ]          
corporation ea* place x appe>s71 is a   
nam$ p>ty2 or  7,b7 z a nonp>ty1 has a  
"r to receive 9 return any?+ t is great]
 9 value ?an :at is giv5 or grant$ t is 
relat$ 9 any respect to proce$s f a     
cov]$ civil action or a gr\p ( actions (
 :i* ! cov]$ civil action is a "p1 by   
settlem5t1 judgm5t1 attorney's fees1 or 
o!rwise4  7#i7 ,unit$ ,/ates p]son ,!   
t]m ,unit$ ,/ates p]son has ! mean+ giv5
 ! t]m 9 section #aja ( ! ,=eign        
,intellig5ce ,surveillance ,act ( #aigh 
7#ej ,u4,s4,c4 #ahja74  7b7 ,disclosure 
,9 any cov]$ civil action1 a p>ty or any
 c\nsel ( record = a p>ty %all-- 7#a7   
disclose 9 writ+ to ! c\rt & all o!r    
nam$ p>ties to ! action ! id5tity ( any 
?ird-p>ty fund] ( ! action2  7#b7       
disclose 9 writ+ to ! c\rt & all o!r    
nam$ p>ties to ! action :e!r any        
?ird-p>ty fund] ( ! action is a =eign   
/ate1 =eign p]son1 sov]eign weal? fund1 
or a comm]cial ent]prise t is directly  
or indirectly controll$ by or own$ by a 

=eign /ate1 =eign p]son1 or a sov]eign  
weal? fund2  7#c7 produce = inspection &
 copy+ to ! c\rt & to all o!r nam$      
p>ties to ! action any agreem5t conc]n+ 
! provision ( monet>y support describ$ 9
 subsection 7a77#h77;,a7 or creat+ ! "r 
describ$ 9 subsection 7a77#h77;,b71     
unless o!rwise ord]$ by ! c\rt2 &  7#d7 
transmit to ! ,adm9i/rative ,(fice ( !  
,unit$ ,/ates ,c\rts copies ( any       
disclosures made "u p>agraph 7#b71 or   
any productions made "u p>agraph 7#c7 9 
any case 9 :i* a disclosure is requir$  
"u p>agraph 7#b74  7c7 ,tim+ ,!         
disclosures & notifications requir$ by  
subsection 7b7 %all be made n lat] ?an !
 lat] (-- 7#a7 #aj days aft] ! execution
 ( any agreem5t describ$ 9 subsection   
7b77#c72 or  7#b7 ! "t ( s]vice ( !     
action4  7d7 ,duty ,to correct ,a p>ty  
or c\nsel ( record t made a disclosure  
requir$ by ?is section %all supplem5t or
 correct ea* su* disclosure 9 a timely  
mann]-- 7#a7 if su* p>ty or c\nsel (    
record le>ns t ! disclosure is or has   

become incomplete or incorrect 9 "s     
mat]ial respect1 if ! additional or     
corrective in=mation has n o!rwise be5  
made kn[n to ! o!r p>ties dur+ !        
discov]y process or 9 writ+2 or  7#b7 z 
ord]$ by ! c\rt4  7e7 ,en=cem5t ,!      
obligations set =? 9 subsection 7b7 %all
 be deem$ to be disclosures requir$ by  
rule #bf7;a7 ( ! ,f$]al ,rules ( ,civil 
,proc$ure & %all be subject to !        
sanction provisions ( rule #cg ( !      
,f$]al ,rules ( ,civil ,proc$ure4  7f7  
,website update2 report ,n lat] ?an #ahj
 days aft] ! date ( enactm5t ( ?is      
section1 & e #abj days !reaft]1 !       
,adm9i/rative ,(fice ( ! ,unit$ ,/ates  
,c\rts %all submit to ,congress1 !      
,attorney ,g5]al1 & ! ,pr9cipal ,deputy 
,assi/ant ,attorney ,g5]al = ,national  
,security & %all po/ on ! ,unit$ ,/ates 
,c\rts website a report t li/s-- 7#a7   
ea* =eign /ate1 =eign p]son1 sov]eign   
weal? fund1 or comm]cial ent]prise t 0  
id5tifi$ 9 a cov]$ civil action 9       
response to subsection 7b77#b7 or       

subsection 7g7 dur+ ! prec$+ #abj days2 
7#b7 ! caption & docket numb] ( ! action
 describ$ 9 p>agraph 7#a72  7#c7 ! c\rt 
9 :i* ! action describ$ 9 p>agraph 7#a7 
is p5d+2  7#d7 ! am\nt ( any monet>y    
support provid$ by ! p]son id5tifi$ 9   
p>agraph 7#a72 &  7#e7 ! total am\nt ea*
 =eign /ate1 =eign p]son1 sov]eign weal?
 fund1 or comm]cial ent]prise li/$ 9    
p>agraph 7#a7 has provid$ 9 support (   
any cov]$ civil action dur+ ! prec$+    
#abj days4  7g7 ,litigation integrity   
7#a7 ,9 g5]al ,no ?ird-p>ty fund] 9 a   
cov]$ civil action %all ex]t or be af=d$
 ! "r to ex]t1 by contract or o!rwise1  
influ5ce1 control1 or discretion reg>d+ 
! litigation /rategy1 decision-mak+1 or 
settlem5t negotiations ( a p>ty4  7#b7  
,contempt ,! c\rt presid+ ov] a cov]$   
civil action may-- 7,a7 hold 9 contempt 
any p]son t violates p>agraph 7#a72 &   
7,b7 = purposes ( issu+ & en=c+ a       
contempt ord] "u subp>agraph 7,a71      
ex]cise ! p[]s ( a di/rict judge 9 any  
di/rict4  7h7 ,protection ( propriet>y  

in=mation acquir$ dur+ ! discov]y       
process  7#a7 ,9 g5]al ,9 a cov]$ civil 
action1 no ?ird-p>ty fund] or any ag5t1 
c\nsel1 or repres5tative ( a ?ird-p>ty  
fund] may obta91 inspect1 copy1 or      
o!rwise view any discov]y mat]ials t are
 produc$ 9 ! action subject to a        
protective ord] issu$ pursuant to rule  
#bf7;c77#a77;,g7 ( ! ,f$]al ,rules (    
,civil ,proc$ure1 unless specifically   
au?oriz$ by ! c\rt4  7#b7 ,contempt ,!  
c\rt presid+ ov] a cov]$ civil action   
may-- 7,a7 hold 9 contempt any p]son or 
entity t violates p>agraph 7#a72 &  7,b7
 = purposes ( issu+ & en=c+ a contempt  
ord] "u subp>agraph 7,a71 ex]cise ! p[]s
 ( a di/rict c\rt 9 any di/rict4  4  7b7
 ,te*nical & con=m+ am5dm5t ,! table (  
sections = *apt] #aae ( title #bh1      
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  #agdg4 ,?ird-p>ty     
litigation fund+ disclosure4  4  #c4    
,applicability ,! am5dm5ts made by ?is  
,act %all apply to any case p5d+ on or  
comm5c$ aft] ! date ( enactm5t ( ?is    

,act4