SB 142
Revises provisions governing property that is exempt from execution. (BDR 2-707)
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill adjusts the rules for property that can be seized to satisfy a judgment. It primarily updates the amounts considered exempt from execution, such as disposable earnings, bank account balances, and homestead equity. The bill also establishes a mechanism for automatically adjusting these exemption amounts every three years to account for inflation, starting in 2026. It simplifies the calculation of disposable earnings exemptions and clarifies the definition of ‘earnings’ for these purposes, and updates the form of a writ of execution.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.