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CT HB06466

Bill

Status

Passed

7/12/2021

Primary Sponsor

Judiciary Committee

Click for details

Origin

House of Representatives

2021 General Assembly

AI Summary

HB 6466 Summary

  • Increases homestead exemption from $75,000 to $250,000 for most judgments, while reducing it to $75,000 specifically for judgments arising from sexual abuse, exploitation of minors, or sexual assault claims (effective October 1, 2021).

  • Raises motor vehicle exemption from one vehicle valued at $3,500 to two vehicles valued up to $7,000 in the aggregate, with value determined as fair market value minus liens and security interests.

  • Expands general property exemption from $1,000 to $1,000 and increases life insurance exemptions from $4,000 to $4,000 in accrued dividends or loan value.

  • Reorganizes and renumbers exemptions in Connecticut General Statutes Section 52-352b from lettered subsections to numbered subdivisions for improved clarity.

  • Clarifies that public assistance and Title IV-D child support payments deposited in dedicated accounts are exempt from garnishment and judgment creditor claims.

Legislative Description

An Act Concerning Property That Is Exempt From A Judgment Creditor.

Last Action

Signed by the Governor

7/12/2021

Committee Referrals

Judiciary2/17/2021

Full Bill Text

No bill text available