The bill, H.B. No. 2884, introduces a new chapter (Chapter 28) to the Civil Practice and Remedies Code, specifically addressing civil actions against United States defense contractors. It defines "defense contractor" and "sanctioned or embargoed nation," and establishes that claimants in such actions must disclose any funding or financial support received from entities affiliated with sanctioned nations. This includes a requirement for claimants to provide the identity of all funding sources and to continue updating this information throughout the legal proceedings. Disclosures must be made under oath and filed with the court, and any attempt to withhold this information is prohibited.

Additionally, the bill outlines potential sanctions for noncompliance, allowing courts to stay proceedings or dismiss actions with prejudice for willful failure to disclose required information. The provisions of this chapter apply to actions pending in trial courts on the effective date of the Act or filed thereafter. The Act is set to take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if such a vote is not achieved.

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