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FL S0528

Bill

Status

Introduced

10/18/2021

Primary Sponsor

Judiciary

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Increases motor vehicle exemption from legal process for individual debtors filing under federal Bankruptcy Code from $1,000 to $5,000 in value for a single motor vehicle.

  • Applies the $5,000 exemption only to bankruptcy actions filed on or after July 1, 2022.

  • Maintains the $1,000 exemption for other legal processes (attachment, garnishment) outside of bankruptcy proceedings.

  • Reorganizes Florida Statute 222.25 by converting numbered provisions to lettered subsections without changing existing exemptions for health aids, tax refunds, or other personal property.

  • Effective date: July 1, 2022.

Legislative Description

Value of Motor Vehicles Exempt from Legal Process

Last Action

Laid on Table, refer to CS/HB 265

3/8/2022

Committee Referrals

Rules2/11/2022

Full Bill Text

No bill text available