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

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 enforceable. 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.