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CT SB00057
Bill
Status
Passed
5/8/2014
Primary Sponsor
Labor and Public Employees Committee
Click for details
AI Summary
- Amends section 52-367b of the general statutes effective October 1, 2014 to modify wage garnishment protections for judgment debtors
- Requires financial institutions to leave the lesser of account balance or $1,000 in a judgment debtor's account if direct deposits of wages were made during the 30-day period before the execution was served
- Extends the same $1,000 protection to accounts receiving exempt federal veterans' benefits, Social Security benefits (retirement, survivors', disability, or supplemental security income), or child support payments processed under Title IV-D of the Social Security Act
- Clarifies that financial institutions may still remove funds if required by other provisions of law or court order, and that the judgment debtor retains access to protected funds
- Preserves all other exemptions and rights regarding funds exempt from execution under state or federal law
Legislative Description
An Act Concerning The Direct Deposit Of Wages.
Last Action
Signed by the Governor
5/8/2014
Committee Referrals
Banks3/26/2014
Labor and Public Employees2/10/2014
Full Bill Text
No bill text available