This bill, known as the "New Hampshire Third-Party Litigation Funding Transparency Act," aims to enhance consumer protections in commercial litigation financing transactions. It introduces a new chapter in the New Hampshire Revised Statutes, establishing definitions and requirements for commercial litigation financiers, including their responsibilities and limitations. Key provisions include prohibiting commercial litigation financiers from entering agreements with foreign entities of concern, mandating disclosure of financing agreements to all parties involved in a civil action, and allowing such agreements to be subjects of discovery. The bill also clarifies that certain agreements, such as those involving nonprofit organizations or contingency fee arrangements, are excluded from the definition of commercial litigation financing agreements.

Additionally, the bill stipulates that violations of its provisions will be considered violations of the New Hampshire Consumer Protection Act. It includes a severability clause to ensure that if any part of the chapter is deemed unconstitutional, the remaining provisions will still be valid. The act is set to take effect on January 1, 2026, and is projected to have no fiscal impact on state, county, or local expenditures or revenue.