MN HF2500

Expands religious item exemptions to include Korans and prayer rugs alongside Bibles, with musical instruments exempted up to $2,000 in value.

Increases household goods exemption from existing amounts to $11,250 and specifically includes computers, tablets, televisions, printers, and cell phones as exempt consumer electronics.

Raises motor vehicle exemption from $5,000 to $7,500, while maintaining the $50,000 exemption for vehicles modified to accommodate disabilities costing at least $3,750.

Adds three new exemption categories: household tools and equipment up to $3,000, property tax refunds up to $3,000, and a catch-all exemption for any property (except earnings) up to $5,000.

Clarifies that personal injury rights of action include physical, mental, and emotional injuries, and modifies life insurance exemptions to allow aggregated interest up to $10,000.

All amendments are effective August 1, 2023, and apply to causes of action pending or commenced on or after that date.