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MI SB0962
Bill
AI Summary
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Adds COVID-19 recovery rebate payments to Michigan's list of exempt property that cannot be seized through execution or garnishment.
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Protects advance payments to individuals for income tax credits or recovery rebates under 26 USC 6428 (CARES Act) from creditor claims.
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Extends exemption to proceeds of such payments when held in a financial institution account.
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Modifies language in existing exemption for disability insurance benefits by changing "such insured person" to "the insured person."
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Changes "shall" to appropriate language regarding homestead benefits accruing to surviving spouses without children.
Legislative Description
Civil procedure; garnishment; COVID-19 recovery rebates; protect from execution and garnishment. Amends sec. 6023 of 1961 PA 236 (MCL 600.6023).
Civil procedure: garnishment
Last Action
Referred To Committee On Judiciary And Public Safety
6/9/2020