Back in June, the House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet heard testimony on developments with respect to IP litigation financed by third-party investors and foreign entities and their potential impact on the country’s IP system and national security. The hearing culminated with Congressman Darrell Issa (R-Ca.) announcing that he intended to sponsor a bill requiring disclosure of third-party litigation funding (TPLF). Co-sponsored by Congressman Scott Fitzgerald (R-Wi.), the “Litigation Transparency Act of 2024” (H.R. 9922) was introduced on October 4; the full text of that bill is now publicly available.