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GA HB1024

Bill

Official Source

Status

Enrolled

4/6/2026

Primary Sponsor

Soo Hong

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Amends Georgia Code Section 44-13-100 to revise the homestead exemption amount available to debtors in bankruptcy and intestate insolvent estate proceedings
  • Increases the exemption for a debtor's aggregate interest in real property or personal property used as a residence, cooperative housing, or burial plots
  • Provides specific exemption provisions for the primary residence of married couples filing jointly
  • Applies to property that the debtor or a dependent of the debtor uses as their residence

Legislative Description

Property; debtor's aggregate interest in real property or personal property used as a residence; revise exemption

Last Action

House Sent to Governor

4/6/2026

Committee Referrals

Banking and Financial Institutions2/26/2026
Judiciary1/28/2026

Full Bill Text

No bill text available