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AZ HB2211

Bill

Status

Passed

4/12/2018

Primary Sponsor

Bob Thorpe

Click for details

Origin

House of Representatives

Fifty-third Legislature - Second Regular Session (2018)

AI Summary

  • Amends Arizona Revised Statutes section 33-1125 to modify personal property exemptions from creditor claims.

  • Increases the fair market value exemption for horses, milk cows, and poultry from $800 to $1,000.

  • Increases the fair market value exemption for one watch from $150 to $250.

  • Increases the fair market value exemption for items including typewriter, computer, bicycle, sewing machine, family bible, burial lot, and firearms from $1,000 to $2,000 aggregate.

  • Adds two new exemptions: all firearms not exceeding $2,000 aggregate fair market value, and all domestic animals or household pets with no stated limit.

Legislative Description

Bankruptcy exemption; personal property

Exemption

Last Action

Chapter 200

4/12/2018

Full Bill Text

No bill text available