Bob Wieckowski
- Democratic
Author
Existing law identifies property of a debtor that is exempt from all procedures for enforcement of a money judgment. Under existing law, those exemptions are available to a debtor in a federal bankruptcy case, whether a money judgment is being enforced by execution sale or other procedure, unless the debtor elects certain alternative exemptions. Existing law also provides that a specified portion of equity in a homestead, as defined, is exempt from execution to satisfy a judgment debt, and sets forth the amounts of the homestead exemptions available under specified circumstances. Existing law requires the Judicial Council to, every 3 years, adjust the amount of the exemptions described above based on the change in the annual California Consumer Price Index for All Urban Consumers, as specified. This bill would increase the dollar amount of the exemptions for a debtor's interest in motor vehicles, jewelry, and implements, professional books, or tools of the trade of the debtor or the debtor's dependent. This bill would, beginning April 1, 2013, and every 3 years thereafter, require the Judicial Council to submit to the Legislature the amount by which the dollar amounts of the homestead exemptions described above may be adjusted based on the change in the annual California Consumer Price Index for All Urban Consumers, as specified. This bill would also increase the amount of the homestead exemptions for persons 55 years of age or older who meet specified income criteria.
Chaptered by Secretary of State - Chapter 678, Statutes of 2012.
Approved by the Governor.
Enrolled and presented to the Governor at 1:35 p.m.
Assembly Rule 77 suspended. (Page 6488.)
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 53. Noes 23. Page 6529.).
Read third time. Passed. Ordered to the Assembly. (Ayes 24. Noes 14. Page 4909.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Read second time. Ordered to third reading.
From inactive file.
Read second time and amended. Ordered to second reading.
Ordered to second reading.
Ordered to inactive file at the request of Senator Evans.
Read third time. Refused passage. (Ayes 16. Noes 16. Page 2366.).
Motion to reconsider made by Senator Evans.
Reconsideration granted. (Ayes 36. Noes 0. Page 2366.)
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 6. Noes 3.) (August 25).
In committee: Placed on APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 3. Noes 2.) (June 14). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 54. Noes 21. Page 1474.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 13. Noes 3.) (May 11).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 26). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
From printer. May be heard in committee March 22.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB929 | HTML |
| 02/18/11 - Introduced | |
| 03/31/11 - Amended Assembly | |
| 08/31/11 - Amended Senate | |
| 04/09/12 - Amended Senate | |
| 08/23/12 - Amended Senate | |
| 09/10/12 - Enrolled | |
| 09/27/12 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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