HI HB375

Amends Section 651-92 to broaden real property exemption from attachment or execution to apply to any individual owning one parcel of real property in Hawaii (not limited to heads of families or those 65 years or older), with the exemption amount to be determined and including Hawaiian home lands properties.

Adds new provision exempting debtors from attachment or execution if they are not delinquent in income taxes, real property taxes, or mortgage payments.

Amends Section 651-121 to base personal property exemptions on fair market value adjusted by consumer price index, replacing fixed dollar amounts ($1,000 for jewelry and $2,575 for motor vehicles).

Adds three new personal property exemptions: child support payments, federal earned income tax credit (EITC) refunds, and tax refunds from federal or state child tax credits.

Takes effect upon approval, with tax credit refund exemptions (EITC and child tax credits) applying to taxable years beginning after December 31, 2014.