DE HB318 | 2023-2024 | 152nd General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Passed on August 2 2024 - 100% progression
Action: 2024-08-02 - Signed by Governor
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Passed on August 2 2024 - 100% progression
Action: 2024-08-02 - Signed by Governor
Text: Latest bill text (Engrossed) [HTML]
Summary
This Act increases the exemption in bankruptcy and other debt proceedings for a debtors personal residence from $125,000 to $200,000. The exemption has been limited to $125,000 since 2012 while home prices have increased dramatically in the intervening years. It also increases the exemption for tools of the trade and for a vehicle to $25,000 from $15,000.
Title
An Act To Amend Title 10 And Title 19 Of The Delaware Code Relating To Exemptions In Bankruptcy And Debt Proceedings.
Sponsors
Roll Calls
2024-06-30 - House - House Third Reading (Y: 40 N: 0 NV: 0 Abs: 1) [PASS]
2024-06-27 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2024-04-23 - House - House Third Reading (Y: 37 N: 0 NV: 1 Abs: 3) [PASS]
2024-06-27 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2024-04-23 - House - House Third Reading (Y: 37 N: 0 NV: 1 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-08-02 | Signed by Governor | |
| 2024-06-30 | Passed By House. Votes: 40 YES 1 ABSENT | |
| 2024-06-27 | Passed By Senate. Votes: 21 YES | |
| 2024-06-27 | Amendment SA 1 to HB 318 - Passed By Senate. Votes: 21 YES | |
| 2024-06-14 | Amendment SA 1 to HB 318 - Introduced and Placed With Bill | |
| 2024-06-11 | Reported Out of Committee (Judiciary) in Senate with 4 On Its Merits | |
| 2024-04-23 | Assigned to Judiciary Committee in Senate | |
| 2024-04-23 | Passed By House. Votes: 37 YES 1 NOT VOTING 3 ABSENT | |
| 2024-04-23 | Amendment HA 1 to HB 318 - Passed In House by Voice Vote | |
| 2024-03-27 | Reported Out of Committee (Judiciary) in House with 9 On Its Merits | |
| 2024-03-26 | Amendment HA 1 to HB 318 - Introduced and Placed With Bill | |
| 2024-03-13 | Not Worked in Committee | |
| 2024-02-29 | Introduced and Assigned to Judiciary Committee in House |
