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2011 SESSION
HB 1422 Homestead exemptions; adds one firearm, not to exceed $3,000 value, to list of exemptions.
Introduced by: David B. Albo | all patrons ... notes | add to my profiles | history
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:
Homestead exemptions. Adds one firearm, not to exceed $3,000 in value, to the list of items that every householder shall be entitled to hold exempt from creditor process. The bill also increases the maximum exemption for a motor vehicle from $2,000 to $6,000. This bill incorporates HB 1471, HB 1494, and HB 2428. This bill is identical to SB 839.
SUMMARY AS PASSED HOUSE:
Homestead exemptions. Adds one family firearm, not to exceed $3,000 in value, to the list of items that every householder shall be entitled to hold exempt from creditor process. The bill also increases the maximum exemption for a motor vehicle from $2,000 to $6,000. This bill incorporates HB 1471, HB 1494, and HB 2428. This bill is identical to SB 839.
SUMMARY AS INTRODUCED:
Homestead exemptions. Adds one family firearm, not to exceed $3,000 in value, to the list of items that every householder shall be entitled to hold exempt from creditor process.