FL H0265

Increases motor vehicle exemption from attachment, garnishment, or other legal process from $1,000 to $5,000 in value for individual debtors under the federal Bankruptcy Code, applicable to bankruptcy actions filed on or after July 1, 2022.

Maintains the $1,000 exemption for motor vehicle interests in non-bankruptcy legal processes under Florida state law.

Clarifies that motor vehicle exemptions apply to a debtor's interest in a single motor vehicle as defined in Florida Statutes s. 320.01.

Preserves existing exemptions for professionally prescribed health aids, tax refunds/credits, and personal property (up to $4,000 for non-homestead owners).

Takes effect July 1, 2022.