HI SB599 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 18 2013 - 25% progression, died in chamber
Action: 2013-12-18 - Carried over to 2014 Regular Session.
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 18 2013 - 25% progression, died in chamber
Action: 2013-12-18 - Carried over to 2014 Regular Session.
Text: Latest bill text (Introduced) [HTML]
Summary
Clarifies that real property which is owned by a head of a family or an individual who is sixty-five years of age or older shall be exempt from attachment and execution based on the most recent real property tax assessment instead of $30,000. Clarifies that real property which is owned by a person shall be exempt from attachment and execution based on the most recent real property tax assessment instead of $20,000. Clarifies that attachment or execution does not apply to a debtor who is not delinquent in payment of income taxes, real property taxes, or mortgages. Clarifies that the fair market value of certain personal property exempted from attachment and execution is based on the fair market value as adjusted by the consumer price index, rather than $1,000. Clarifies that the fair market of a motor vehicle exempted from attachment and execution is based on the fair market value of the vehicle as adjusted by the consumer price index, rather than $2,575. Exempts child support moneys, tax refunds from the federal earned income tax credit from attachment and execution. Exempts tax refunds that result from federal or state child support tax credit from attachment and execution.
Title
Exemptions; Liens; Attachments
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-12-18 | Carried over to 2014 Regular Session. | |
2013-01-22 | Senate | Referred to JDL, WAM. |
2013-01-22 | Senate | Passed First Reading. |
2013-01-18 | Senate | Introduced. |
Hawaii State Sources
Type | Source |
---|---|
Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=599&year=2014 |
Text | http://www.capitol.hawaii.gov/session2014/Bills/SB599_.HTM |