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MS SB2469

Bill

Status

Failed

2/5/2019

Primary Sponsor

Derrick Simmons

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Amends Section 85-3-17 of the Mississippi Code to include settlement proceeds alongside judgment proceeds in the debtor exemption for personal injuries.

  • Exempts settlement proceeds not exceeding $10,000.00 recovered due to personal injuries from creditor claims, matching the existing exemption for judgments.

  • Clarifies that eligible personal injury recoveries are exempt from creditor claims even without a court judgment being entered.

  • Effective date is July 1, 2019.

Legislative Description

Debtor exemptions; include personal injury settlement alongside already exempt personal injury judgment.

Last Action

Died In Committee

2/5/2019

Committee Referrals

Judiciary, Division A1/21/2019

Full Bill Text

No bill text available