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CO SB080
Bill
Status
2/15/2017
Primary Sponsor
Michael Merrifield
Click for details
AI Summary
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Reduces maximum wage garnishment to the lesser of: 25% of disposable earnings, 10% of gross earnings for individuals below 250% of federal poverty level (adjusted for family size), or zero if weekly take-home pay is less than 30 times the state minimum wage
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Amends Colorado Revised Statutes 13-54-104 regarding restrictions on garnishment and levy under execution or attachment
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Applies to garnishments and levies issued on or after July 1, 2017
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Sponsored by Senator Merrifield in the Senate Business, Labor, & Technology Committee
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Includes a safety clause declaring the act necessary for preservation of public peace, health, and safety
Legislative Description
Reduce Amount Of Wages Subject To Garnishment
Civil Law
Last Action
Senate Committee on Business, Labor, & Technology Postpone Indefinitely
2/15/2017