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GA HB1662

Bill

Official Source

Status

Introduced

4/4/2022

Primary Sponsor

Marvin Lim

Click for details

Origin

House of Representatives

2021-2022 Regular Session

AI Summary

  • Increases the weekly disposable earnings floor protected from garnishment from $217.50 to $600.00, meaning only earnings exceeding $600.00 per week may be garnished
  • Removes the special 15% garnishment cap for judgments arising from private student loans, making all garnishments subject to the same 25% maximum
  • Retains the existing rule that the maximum garnishment amount is the lesser of either 25% of disposable earnings or the amount exceeding the protected floor
  • Amends Code Section 18-4-5 of the Official Code of Georgia Annotated, sponsored by Representative Lim of the 99th district

Legislative Description

Debtor and creditor; decrease amount of disposable earnings for a week that is subject to garnishment

Last Action

House Hopper

4/4/2022

Full Bill Text

No bill text available