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MO HB2135

Bill

Status

Introduced

3/12/2014

Primary Sponsor

Bonnaye Mims

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Adds security deposits held by a debtor for rented property to the list of assets exempt from attachment and execution, requiring return to the renter per section 535.300

  • Corrects an internal citation in the pension/retirement plan exemption from section 456.072 to section 456.014 of Missouri law

  • Preserves existing exemptions for household items (up to $3,000), jewelry, vehicles (up to $3,000), life insurance, Social Security benefits, and retirement plans qualified under federal tax code sections 401(a), 403(a), 403(b), 408, 408A, or 409

  • Maintains that child support and maintenance claims are not subject to exemptions, including claims against retirement accounts and security deposits

  • Repeals and replaces Missouri Revised Statutes section 513.430 governing property exempt from attachment and execution

Legislative Description

Exempts rental security deposits from attachment and execution in a bankruptcy proceeding

Last Action

Referred: Judiciary(H)

5/16/2014

Committee Referrals

Judiciary5/16/2014

Full Bill Text

No bill text available