Homestead and Other Exemptions

Passed

P HB2740

Garnished wages protected by homestead exemption. Provides that an individual may protect garnished wages via the homestead exemption by filing a claim of homestead exemption any time after the garnishment summons is served on the employer, and that the court shall recognize such exemption.
Patron - Reese

Failed

F HB1446

Debtor's Exemptions. Exempts from creditor process a maximum of $10,000 of funeral expenses paid by the debtor for a spouse or child.
Patron - Sherwood

F HB2773

Garnishment; increasing trigger level. Increases the maximum part of aggregate disposable income that may be subjected to garnishment by providing that with respect to the option established against the federal wage levels, only wages in excess of 40 times the federal minimum hourly wage may be garnished. Under current law, aggregate disposable income subject to garnishment cannot exceed the lesser of (i) 25 percent of disposable earnings for the week or (ii) the amount by which disposable earnings exceed 30 times the federal minimum hourly wage. The bill would change 30 to 40 in option (ii).
Patron - Barlow

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