A bill to amend chapter 111 of title 28, United States Code, to increase transparency and oversight of third-party funding by foreign persons, to prohibit third-party funding by foreign states and sovereign wealth funds, and for other purposes.

Bill ID: 119/s/3180
Last Updated: November 18, 2025

Sponsored by

Sen. Kennedy, John [R-LA]

ID: K000393

Follow the money

The bill

A bill to amend chapter 111 of title 28, United States Code, to increase transparency and oversight of third-party funding by foreign persons, to prohibit third-party funding by foreign states and sovereign wealth funds, and for other purposes.

S. 3180, 119th Congress β€” read as touching Private Equity & Hedge Funds.

The sponsor

Sen. Kennedy, John [R-LA]

Every bill has someone who introduced it. That name is where the paper trail starts.

The money

$223,920 raised

20 itemised contributions to this sponsor, pulled from FEC filings.

Bill's Journey to Becoming a Law

Track this bill's progress through the legislative process

Latest Action

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Introduced

πŸ“ Current Status

Next: The bill will be reviewed by relevant committees who will debate, amend, and vote on it.

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Committee Review

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Floor Action

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Passed Senate

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House Review

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Passed Congress

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Presidential Action

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Became Law

πŸ“š How does a bill become a law?

1. Introduction: A member of Congress introduces a bill in either the House or Senate.

2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.

3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.

4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.

5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.

6. Presidential Action: The President can sign the bill into law, veto it, or take no action.

7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!

Bill Summary

No summary available

πŸ’° Campaign Finance Network

Sen. Kennedy, John [R-LA]

Congress 119 β€’ 2024 Election Cycle

Total Contributions
$223,920
12 donors
PACs
$0
Organizations
$0
Committees
$0
Individuals
$223,920

No PAC contributions found

No organization contributions found

No committee contributions found

1
REITERMAN, MARY ELIZABETH
2 transactions
$34,800
2
VIVIAN, MICHAEL A
2 transactions
$34,800
3
JONES, SHIRLEY
2 transactions
$34,800
4
LACOSTE, ROGER
2 transactions
$34,800
5
LABEDZ, DAVID
3 transactions
$34,800
6
MAKI, NEIL JAMES
2 transactions
$10,025
7
COX, SANDY
2 transactions
$10,000
8
HENLEY, DOY
1 transaction
$8,354
9
HILL, VERNON
1 transaction
$7,529
10
HARTMAN, STEPHEN
1 transaction
$5,310
11
BRADDOCK, DAVID
1 transaction
$4,702
12
WHITE, JASON
1 transaction
$4,000

Donor Network - Sen. Kennedy, John [R-LA]

PACs
Organizations
Individuals
Politicians

Hub layout: Politicians in center, donors arranged by type in rings around them.

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Showing 36 nodes and 20 connections (46 secondary connections hidden)

Total contributions: $223,920

Top Donors - Sen. Kennedy, John [R-LA]

Showing top 12 donors by contribution amount

12 Individuals

Industry Impact

Which industries are materially affected by specific provisions in this bill. 2 harmed.

  • Section 2(c) prohibits third-party funding by foreign states and sovereign wealth funds, which may limit the ability of private equity and hedge funds to engage in certain litigation funding activities, as they often partner with or invest in such entities.

  • βˆ’Commercial Banksconfidence 0.60

    Section 2(c) prohibits third-party funding by foreign states and sovereign wealth funds, which may limit the ability of commercial banks to provide financing for certain litigation activities, as they often have relationships with such entities.

Who funds the sponsor on these industries

For each industry this bill affects, here's what the sponsor (Sen. Kennedy, John [R-LA])received from donors associated with that industry during the 2022–present cycles. Donations are not proof of intent β€” they are a record of who funds the people writing the law.

Industries this bill HARMS

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