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S08109Introduced in the Senate

Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.

IntroducedSenate Judiciary

Introduced by Sean Ryan, District 61

What does this bill do?

Plain-English breakdown

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Official description

Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.

Where it stands

PRINT NUMBER 8109A

May 21, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. REFERRED TO JUDICIARY

  2. AMEND AND RECOMMIT TO JUDICIARY

  3. PRINT NUMBER 8109A

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