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CT SB00761
Bill
Status
Introduced
1/17/2025
Primary Sponsor
Saud Anwar
Click for details
AI Summary
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Increases Connecticut's homestead exemption from $250,000 to $500,000 by amending section 52-352b of the general statutes
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Homestead exemption protects a portion of a homeowner's equity from creditors during bankruptcy or debt collection proceedings
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Doubles the amount of home equity that Connecticut residents can shield from seizure to satisfy debts
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Introduced by Senator Anwar (3rd District) and referred to the Judiciary Committee
Legislative Description
An Act Increasing The Amount Of The Homestead Exemption.
Last Action
Referred to Joint Committee on Judiciary
1/17/2025
Committee Referrals
Judiciary1/17/2025
Full Bill Text
No bill text available