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MO HB1527

Bill

Status

Passed

7/9/2012

Primary Sponsor

Kevin Elmer

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Increases exemption for household furnishings, goods, and personal items from unspecified amount to $3,000 in aggregate value.

  • Raises wedding ring exemption to $1,500 and other jewelry exemption to $500 in aggregate value for personal or family use.

  • Modifies motor vehicle exemption to clarify it applies to multiple vehicles not exceeding $3,000 in aggregate value.

  • Expands dependent age limit for family head exemptions from 18 to 21 years old, or if determined disabled by Social Security Administration.

  • Clarifies Roth IRA (Section 408A) accounts are not exempt from child support or maintenance payments despite other retirement plan protections.

Legislative Description

Changes the laws regarding property exempt from attachment

Last Action

Delivered to Secretary of State (G)

7/9/2012

Committee Referrals

Judiciary And Civil And Criminal Jurisprudence4/5/2012
Rules3/1/2012
Judiciary2/1/2012

Full Bill Text

No bill text available