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CT HB07236
Bill
Status
5/14/2019
Primary Sponsor
Judiciary Committee
Click for details
AI Summary
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Increases homestead exemption from $75,000 to $150,000 for most debtors, effective October 1, 2019, with reduced $75,000 exemption for judgments arising from sexual abuse, exploitation, assault, or willful/wanton/reckless misconduct
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Increases motor vehicle exemption from $3,500 to $7,000 in fair market value
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Restructures property exemption statute by renumbering subsections (a) through (u) as (1) through (21) while maintaining same substantive protections for necessary clothing, food, tools, public assistance, workers' compensation, Social Security, and other specified property
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Updates tax warrant procedures to reference restructured exemption numbering and allows tax collectors to pursue exempted property through various collection methods including wage garnishment
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Clarifies definitions of "value," "necessary," "exempt," "exemptioner," and "homestead" in section 52-352a with technical amendments to cross-references throughout related statutes
Legislative Description
An Act Concerning Property That Is Exempt From A Judgment Creditor.
Last Action
Senate Calendar Number 508
5/16/2019