A 423
"Medical Debt Homestead Protection Act."
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the Medical Debt Homestead Protection Act, aims to protect homeowners in New Jersey from losing their homes due to medical debt. It establishes a homestead exemption, allowing individuals and couples to shield a portion of their real property – including houses, condominiums, and manufactured homes – from being seized by creditors due to medical debt judgments. The goal is to prevent the devastating consequences of bankruptcy resulting from unpaid medical bills.
Sponsors
Official sponsors from legislative records.
Primary sponsors
Michael Venezia
Cosponsors
Tennille McCoy
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