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MO HB310
Bill
Status
Introduced
1/24/2013
Primary Sponsor
Sheila Solon
Click for details
AI Summary
- Establishes the "Seniors' Retirement Protection Act" as a new section 513.432 in Missouri law
- Grants homeowners age 62 or older a $125,000 exemption on their primary residence from attachment or execution
- Exemption applies to the homeowner and spouse if applicable
- When multiple homeowners claim exemptions, the combined total cannot exceed $125,000
Legislative Description
Establishes the Seniors' Retirement Protection Act which specifies that up to $125,000 of the value of the primary residence of a person who is 62 years old or older will be exempt from attachment or execution
Last Action
Referred: Retirement(H)
5/17/2013
Committee Referrals
Retirement5/17/2013
Full Bill Text
No bill text available