CT HB05464

Repeals and replaces Connecticut General Statutes Section 52-352b, effective from passage, establishing comprehensive property exemptions for natural persons in debt collection proceedings.

Increases homestead exemption value from $75,000 (or $125,000 for hospital-related judgments) to $250,000 effective October 1, 2021, except limited to $75,000 for judgments arising from sexual abuse, exploitation of minors, or reckless misconduct.

Exempts essential personal property including apparel, bedding, household furniture, tools necessary for occupation, burial plots, and up to two motor vehicles valued at $7,000 aggregate.

Protects public benefits, health insurance, Social Security, workers' compensation, unemployment benefits, veterans benefits, and court-approved child support payments from creditor claims.

Exempts life insurance cash surrender value, accrued dividends up to $4,000, property interests up to $1,000, wedding and engagement rings, and irrevocable debt adjustment account transfers.