Bill Text: AZ HB2211 | 2018 | Fifty-third Legislature 2nd Regular | Chaptered
Bill Title: Bankruptcy exemption; personal property
Spectrum: Partisan Bill (Republican 12-0)
Status: (Passed) 2018-04-12 - Chapter 200 [HB2211 Detail]
Download: Arizona-2018-HB2211-Chaptered.html
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House Engrossed |
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State of Arizona House of Representatives Fifty-third Legislature Second Regular Session 2018
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CHAPTER 200
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HOUSE BILL 2211 |
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AN ACT
amending section 33‑1125, Arizona Revised Statutes; relating to the personal property exemption.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 33-1125, Arizona Revised Statutes, is amended to read:
33-1125. Personal items
The following property of a debtor used primarily for personal, family or household purposes shall be is exempt from process:
1. All wearing apparel not in excess of not more than a fair market value of five hundred dollars.
2. All musical instruments provided for the debtor's individual or family use not in excess of not more than an aggregate fair market value of four hundred dollars.
3. Domestic pets, Horses, milk cows and poultry not in excess of not more than an aggregate fair market value of eight hundred one thousand dollars.
4. All engagement and wedding rings not in excess of not more than an aggregate fair market value of two thousand dollars.
5. The library of a debtor, including books, manuals, published materials and personal documents not in excess of not more than an aggregate fair market value of two hundred fifty dollars.
6. One watch not in excess of not more than a fair market value of one two hundred fifty dollars.
7. One typewriter, one computer, one bicycle, one sewing machine, a family bible, or a lot in any burial ground, one shotgun or one rifle or one pistol, not in excess of not more than an aggregate fair market value of one two thousand dollars.
8. Equity in one motor vehicle not in excess of not more than six thousand dollars. If the debtor or debtor's dependent is a person with has a physical disability, the equity in the motor vehicle shall not exceed twelve thousand dollars.
9. Professionally prescribed prostheses for the debtor or a dependent of the debtor, including a wheelchair or motorized mobility device.
10. All firearms of not more than an aggregate fair market value of two thousand dollars.
11. All domestic animals or household pets.
APPROVED BY THE GOVERNOR APRIL 12, 2018.
FILED IN THE OFFICE OF THE SECRETARY OF STATE APRIL 13, 2018.
