SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2005 SESSION
HB 1698 Individual retirement accounts (IRAs); benefits exempt from creditors.
Introduced by: Lionell Spruill, Sr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Retirement benefits exempt from creditors. Extends the protections against creditor demands to all moneys in a retirement account to which an employer does not contribute. Under current law, the exemption from creditor demands applies only to that amount of investment in an account that generates an annual benefit in excess of $17,500. The proviso that the exemption does not apply to demands for child or spousal support is retained.
FULL TEXT
HISTORY
- 12/22/04 House: Prefiled & ordered printed; offered 01/12/05 054249512
- 12/22/04 House: Referred to Committee for Courts of Justice
- 01/12/05 House: Assigned to C. J. sub-committee: Civil Law
- 01/17/05 House: Stricken from docket by C. J. (21-Y 0-N)