SD SB150

Adds a new motor vehicle exemption allowing debtors to protect up to $5,000 in equity in one motor vehicle from levy, process, or sale by creditors

The $5,000 exemption applies to the debtor's equity value after subtracting any security interests and liens on the vehicle

Motor vehicle is defined according to § 32-5-1 of South Dakota law

Makes technical and grammatical updates throughout the existing exemption statute, including changing gendered language ("his") to gender-neutral terms ("the debtor's")

Restructures the introductory language of § 43-45-2 to clarify that listed property is exempt from "any levy, process, or sale"