The purpose of the Litigation Funding Transparency Act of 2026 is to enhance transparency and oversight of third-party funding in legal cases, particularly in class actions and mass actions. The goal is to ensure that the involvement of outside financial support in litigation is disclosed, which can help prevent potential conflicts of interest and maintain the integrity of the judicial process. Key provisions of the Act require parties involved in covered civil actions to disclose the identity of any third-party funders, particularly if these funders are foreign entities.