Marcus Simon
- Democratic
- Delegate
- District 13
Primary
Homestead exemption; bankruptcy exemptions. Makes various changes to homestead exemptions, including providing that the official schedule of property claimed exempt filed with the United States Bankruptcy Court in a bankruptcy proceeding constitutes a sufficient writing to exempt such real and personal property from creditor process. The bill also provides that a householder may hold exempt from creditor process real or personal property that the householder or his dependent uses as a principal residence not exceeding $25,000 in value.
Homestead exemption; bankruptcy exemptions. Makes various changes to homestead exemptions, including providing that the official schedule of property claimed exempt filed with the United States Bankruptcy Court in a bankruptcy proceeding constitutes a sufficient writing to exempt such real and personal property from creditor process. The bill also provides that a householder may hold exempt from creditor process real or personal property that the householder or his dependent uses as a principal residence not exceeding $25,000 in value. The bill requires that the dollar amounts of the homestead exemption shall be adjusted triennially based on the United States Average Consumer Price Index.
Homestead exemption; bankruptcy exemptions.Makes various changes to homestead exemptions, including providingthat the official schedule of property claimed exempt filed withthe United States Bankruptcy Court in a bankruptcy proceeding constitutesa sufficient writing to exempt such real and personal property fromcreditor process. The bill also provides that a householder may holdexempt from creditor process real or personal property that the householderor his dependent uses as a principal residence not exceeding $25,000in value. The bill requires that the dollar amounts of the homesteadexemption shall be adjusted triennially based on the United StatesAverage Consumer Price Index.
Approved by Governor-Chapter 328 (effective 7/1/20)
Governor's Action Deadline 11:59 p.m., March 12, 2020
Enrolled Bill communicated to Governor on March 5, 2020
Signed by President
Signed by Speaker
Enrolled
Senate substitute agreed to by House 20108364D-S1 (96-Y 0-N)
VOTE: Adoption (96-Y 0-N)
Placed on Calendar
Reading of substitute waived
Passed Senate with substitute (39-Y 0-N)
Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
Passed Senate with substitute (39-Y 0-N)
Engrossed by Senate - committee substitute HB790S1
Committee substitute agreed to 20108364D-S1
Read third time
Constitutional reading dispensed (38-Y 0-N)
Committee substitute printed 20108364D-S1
Reported from Judiciary with substitute (15-Y 0-N)
Referred to Committee on the Judiciary
Constitutional reading dispensed
Read third time and passed House BLOCK VOTE (99-Y 0-N)
VOTE: Block Vote Passage (99-Y 0-N)
Read second time
Engrossed by House - committee substitute HB790H1
Committee substitute agreed to 20106775D-H1
Read first time
Reported from Courts of Justice with substitute (19-Y 0-N)
Committee substitute printed 20106775D-H1
House subcommittee amendments and substitutes offered
Subcommittee recommends reporting with substitute (8-Y 0-N)
Assigned Courts sub: Civil
Referred to Committee for Courts of Justice
Prefiled and ordered printed; offered 01/08/20 20104136D
| Bill Text Versions | Format |
|---|---|
| Engrossed by House - committee substitute HB790H1 | HTML |
| Engrossed by House - committee substitute HB790H1 | HTML |
| Engrossed by Senate - committee substitute HB790S1 | HTML |
| Bill text as passed House and Senate (HB790ER) | HTML |
| Acts of Assembly Chapter text (CHAP0328) | HTML |
| Document | Format |
|---|---|
| No related documents. |
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