A new bill filed by State Rep. Jarrod Lowery in the North Carolina House seeks to establish regulations and oversight for consumer legal funding companies to protect consumers, according to the North Carolina State House.
The bill, filed as HB 925 on April 10 during the 2025 regular session, was formally listed with the short title: ‘Consumers in Crisis Protection Act.’
The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.
In essence, this bill, known as the Consumers in Crisis Protection Act, introduces regulations governing consumer legal funding companies in North Carolina. These entities, which provide nonrecourse funding based on potential legal claim settlements, must register with the Commissioner of Insurance, pay a $1,000 registration fee, and prove financial stability. The bill outlines specific contract requirements, including disclosure of charges, terms, and consumer rights, such as a rescission period and restrictions on usage of funds. It prohibits companies from influencing legal claims, limits charges to an 18% interest and a 3.5% service fee per six-month period, and caps charge accrual to 36 months. Consumer legal funding contracts must offer transparency and facilitate communication between the company and the consumer’s attorney, ensuring the protection of consumer rights. Additionally, the bill mandates the disclosure of legal funding participation in legal proceedings and grants the Commissioner authority for oversight, including penalties for non-compliance. The act is set to become effective Oct. 1, 2025.
Of the four sponsors of this bill, Cody Huneycutt proposed the most bills (40) during the 2025 regular session.
Bills in North Carolina follow a multi-step process before becoming law. A lawmaker starts by filing a bill, which is assigned to a committee for review. The bill must be read three times in each chamber. If one chamber changes the bill after the other passes it, both must agree on the final version. Once both chambers approve the same bill, it goes to the governor, who has 10 days (or 30 if the legislature is not in session) to sign, veto, or let it become law without a signature.
You can read more about the bills and other measures here.
Lowery graduated from the University of North Carolina at Pembroke in 2012 with a BS.
Lowery, a Republican, was elected to the North Carolina State House in 2023 to represent the state’s 47th House district, replacing previous state representative Charles Graham.
| Authors | Bill Number | Date Filed | Title |
|---|---|---|---|
| Jarrod Lowery, Blair Eddins, Chris Humphrey, and Cody Huneycutt | HB 925 | 04/10/2025 | Consumers in Crisis Protection Act. |
| Jarrod Lowery, Robert T. Reives, II, and Zack Hawkins | HB 1004 | 04/10/2025 | UNC AI & Technology Hubs. |
| Jarrod Lowery, Ben T. Moss, Jr., Kanika Brown, and Pricey Harrison | HB 965 | 04/10/2025 | Environmental Rights Constitutional Amendment. |
| Jarrod Lowery and Allen Chesser | HB 833 | 04/08/2025 | The FRESH Act. |
| Jarrod Lowery, Edward C. Goodwin, Maria Cervania, and Ya Liu | HB 835 | 04/08/2025 | Learning AAPI Contributions in Schools. |
| Jarrod Lowery and Ben T. Moss, Jr. | HB 812 | 04/07/2025 | UNC-Pembroke Presidential Library Funds/DJT. |
| Jarrod Lowery | HB 655 | 04/01/2025 | Ending Offensive Indian Mascots. |
| Jarrod Lowery, Cody Huneycutt, Grant L. Campbell, MD, and Jonathan L. Almond | HB 658 | 04/01/2025 | Optometrists Telehealth Services. |
| Jarrod Lowery, Brian Echevarria, Donnie Loftis, and Jonathan L. Almond | HB 659 | 04/01/2025 | Local Government Spending Transparency. |
| Jarrod Lowery, Dennis Riddell, Mark Brody, and Steve Tyson | HB 605 | 03/31/2025 | Definitions for Advanced Recycling. |
| Jarrod Lowery | HB 508 | 03/25/2025 | Lower Cap on Credit Card Interest. |
| Jarrod Lowery, A. Reece Pyrtle, Jr., Carson Smith, and Charles W. Miller | HB 505 | 03/24/2025 | Kayla’s Act: Protecting Dom. Violence Victims. |
| Jarrod Lowery, Erin Paré, Matthew Winslow, and Mike Schietzelt | HB 465 | 03/19/2025 | Waive Renewal Fee/Military Drivers Licenses. |
| Jarrod Lowery | HB 383 | 03/12/2025 | Augment Subcontractor Protections. |
| Jarrod Lowery and Charles W. Miller | HB 331 | 03/06/2025 | Adopt Official State Rice Festival. |
| Jarrod Lowery, Allen Chesser, Bill Ward, and Brenden H. Jones | HB 224 | 02/26/2025 | Strengthen Our Tribal Communities Act. |
| Jarrod Lowery, Brian Biggs, and Charles Smith | HB 217 | 02/25/2025 | Driver Educ./18 Yrs & Older & Unlicensed. |
| Jarrod Lowery, Brenden H. Jones, Jake Johnson, and Matthew Winslow | HB 222 | 02/25/2025 | C.O.O.P.E.R. Accountability Act. |
| Jarrod Lowery, Cody Huneycutt, Heather H. Rhyne, and Hugh Blackwell | HB 163 | 02/21/2025 | Pharmacy Benefits Manager Provisions. |
| Jarrod Lowery, Blair Eddins, Brenden H. Jones, and Neal Jackson | HB 171 | 02/21/2025 | Equality in State Agencies/Prohibition on DEI. |
| Jarrod Lowery, Chris Humphrey, Jeffrey C. McNeely, and Kyle Hall | HB 135 | 02/17/2025 | Misbranding/Cell-Cultured Meat/WNC Donations. |
| Jarrod Lowery, Allen Buansi, Grant L. Campbell, MD, and Heather H. Rhyne | HB 145 | 02/17/2025 | Funds for Diabetes Research Institute/UNC-CH. |
| Jarrod Lowery and Grant L. Campbell, MD | HB 146 | 02/17/2025 | Remote License Renewal/Active Duty Military. |
| Jarrod Lowery, Allen Chesser, and Brian Biggs | HB 112 | 02/12/2025 | Increase Permissible Interstate Speed Limit. |
| Jarrod Lowery, Bill Ward, Mike Clampitt, and Rodney D. Pierce | HB 103 | 02/11/2025 | NC Am. Indian Hunting/Fishing Rights. |
| Jarrod Lowery, Diane Wheatley, Harry Warren, and Jeffrey C. McNeely | HB 79 | 02/10/2025 | North Carolina Work and Save. |
| Jarrod Lowery, Allen Buansi, Allen Chesser, and Terry M. Brown Jr. | HB 93 | 02/10/2025 | Constitutional Amendment/Repeal Literacy Test. |
