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FL H0981

Bill

Status

Failed

5/5/2023

Primary Sponsor

Christopher Benjamin

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Amends Florida Statute 222.25 to increase the motor vehicle exemption value from $1,000 to $5,000 for a debtor's interest in a single motor vehicle.

  • The $5,000 exemption applies to motor vehicles owned by natural persons and protects the vehicle from attachment, garnishment, or other legal process.

  • Clarifies the definition reference to section 320.01 regarding what constitutes a motor vehicle under Florida law.

  • Effective date is July 1, 2023.

Legislative Description

Value of Motor Vehicles Exempt from Legal Process

Last Action

Died in Insurance & Banking Subcommittee

5/5/2023

Committee Referrals

Insurance And Banking Subcommittee3/27/2023
Civil Justice Subcommittee2/28/2023

Full Bill Text

No bill text available