Loading chat...
FL H0981
Bill
Status
Failed
5/5/2023
Primary Sponsor
Christopher Benjamin
Click for details
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