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CO HB1145

Bill

Status

Failed

3/11/2019

Primary Sponsor

Kerry Tipper

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Exempts a judgment debtor's primary residence from attachment or execution of liens arising from judgments for medical debt.

  • Defines "primary residence" to include the dwelling, lot(s), any agricultural operation or farm of any number of acres, and appurtenances owned by the judgment debtor.

  • Requires judgment creditors recording a transcript of judgment to file an affidavit stating the signer is an authorized agent and whether the judgment is for medical debt.

  • Allows judgment debtors to record an affidavit with the county clerk stating their name, property description, and interest to claim the exemption.

  • Gives purchase money mortgage holders priority over medical debt judgment liens regardless of recording date and takes effect January 1, 2020, applying to judgments entered on or after that date.

Legislative Description

Primary Residence Exempt Liens For Medical Debt

Last Action

House Committee on Finance Postpone Indefinitely

3/11/2019

Committee Referrals

Finance1/29/2019

Full Bill Text

No bill text available