I 
118TH CONGRESS 
2D SESSION 
H. R. 9922 
To amend title 28, United States Code, to provide for transparency and 
oversight of third-party beneficiaries in civil actions. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 4, 2024 
Mr. ISSA (for himself and Mr. FITZGERALD) introduced the following bill; 
which was referred to the Committee on the Judiciary 
A BILL 
To amend title 28, United States Code, to provide for trans-
parency and oversight of third-party beneficiaries in civil 
actions. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Litigation Trans-
parency Act of 2024’’. 
SEC. 2. TRANSPARENCY AND OVERSIGHT OF THIRD-PARTY 
BENEFICIARIES IN CIVIL CASES. 
(a) IN GENERAL.—Chapter 111 of title 28, United 
States Code, is amended by adding at the end the fol-
lowing: 
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‘‘§ 1660. Third-party beneficiary disclosure 
‘‘(a) IN GENERAL.—Except as provided in subsection 
(b), in any civil action, a party or any counsel of record 
for a party shall— 
‘‘(1) disclose in writing to the court and all 
other named parties to the civil action the identity 
of any person (other than counsel of record) that 
has a right to receive any payment or thing of value 
that is contingent on the outcome of the civil action 
or a group of actions of which the civil action is a 
part; and 
‘‘(2) produce to the court and to each other 
named party to the civil action, for inspection and 
copying, any agreement creating a contingent right 
referred to in paragraph (1), including any ancillary 
agreement or document, except as otherwise stipu-
lated or ordered by the court. 
‘‘(b) EXCEPTION.—The requirements under sub-
section (a) shall not apply with respect to a person that 
has a right to receive payment described in subsection 
(a)(1) if the right to receive payment is solely— 
‘‘(1) the repayment of the principal of a loan; 
‘‘(2) the repayment of the principal of a loan 
plus interest that does not exceed the higher of 7 
percent or a rate two times the annual average 30- 
year constant maturity Treasury yield, as published 
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by the Board of Governors of the Federal Reserve 
System, for the year preceding the date on which the 
relevant agreement was executed; or 
‘‘(3) the reimbursement of attorney’s fees. 
‘‘(c) TIMING.—The disclosures required by subsection 
(a) shall be made not later than the later of— 
‘‘(1) 10 days after the execution of any agree-
ment described in subsection (a)(2); or 
‘‘(2) the time of the filing of the action before 
the court. 
‘‘(d) DUTY TO CORRECT.—A party or counsel of 
record that made a disclosure required by this section shall 
supplement or correct each such disclosure in a timely 
manner— 
‘‘(1) if such party or counsel of record learns 
that the disclosure is or has become incomplete or 
incorrect in some material respect, if the additional 
or corrective information has not otherwise been 
made known to the other parties during the dis-
covery process or in writing; or 
‘‘(2) as ordered by the court.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
for chapter 111 of title 28, United States Code, is amend-
ed by adding at the end the following: 
‘‘1660. Third-party beneficiary disclosure.’’. 
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SEC. 3. APPLICABILITY. 
The amendments made by this Act shall apply to any 
civil action pending on or commenced after the date of 
enactment of this Act. 
Æ 
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