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A 7940

  • New York Assembly Bill
  • 2025 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Relates to the motor vehicle exemption and the homestead exemption for certain money judgments and bankruptcy proceedings

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Abstract

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.

Bill Sponsors (1)

Harry Bronson

  • Democratic
  • Assembly Member
  • District 138
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Apr 16, 2025

Assembly

REFERRED TO CODES

  • Referral-Committee
CODES

Bill Text

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A7940 PDF HTML

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