PA HB2282

Allows individuals filing bankruptcy in Pennsylvania to choose between federal exemptions under 11 U.S.C. § 522(d) or new state exemptions, including up to $650,000 in home equity for a primary residence

Exempts personal property up to $50,000 for individuals ($100,000 for married couples filing jointly), plus vehicle equity up to $20,000 for individuals ($40,000 for couples)

Fully exempts certain property types including Social Security benefits, unemployment and workers' compensation, veterans' benefits, tax refunds, college savings plans, current wages, health aids, and civil lawsuit awards for lost earnings or pain and suffering

Requires the Pennsylvania Supreme Court to adjust all dollar amounts every three years starting April 1, 2026, based on the Consumer Price Index, rounded to the nearest $25

Takes effect 60 days after enactment