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HI SB3323
Bill
Status
3/8/2022
Primary Sponsor
Joy San Buenaventura
Click for details
AI Summary
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Increases the exempt amount of real property interest from $30,000 to $100,000 in equity for all individuals, eliminating the previous distinction between heads of family and other persons.
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Raises the motor vehicle exemption from $2,575 to $15,000 in fair market value over liens and encumbrances.
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Adjusts jewelry and personal adornment exemptions to fair market value as adjusted by the consumer price index, replacing the fixed $1,000 limit.
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Adds new exemption protecting one month of child support (or $5,000, whichever is lower) and one month of spousal support (or $5,000, whichever is lower) for recipients of such payments.
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Effective date is July 1, 2022.
Legislative Description
Relating To Attachment.
Exemptions
Last Action
The committee(s) on HHH recommend(s) that the measure be deferred.
3/15/2022