Homestead exemptions; adds one firearm, not to exceed $3,000 value, to list of exemptions. (SB839)

Introduced By

Sen. Chap Petersen (D-Fairfax)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Homestead and other exemptions.  Raises the homestead exemption from real or personal property not exceeding $5,000 in value to personal property not exceeding $5,000 in value and real property not exceeding $25,000 in value. The bill also adds certain specific items of personal property to the list of what a debtor may hold exempt from creditor process and increases from $2,000 to $5,000 the value of an automobile that may be held as exempt. The bill also provides that the amount of certain exemptions shall be adjusted for inflation every three years. The bill also provides that a debtor may elect between the exemptions permitted under federal bankruptcy law and Title 34. Current law does not allow a debtor to elect the bankruptcy exemptions. The bill also provides that a debtor may not claim an exemption for property not lawfully owned by him or against debts based on judgments entered against the debtor for fraud or deceit. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2011Prefiled and ordered printed; offered 01/12/11 11103233D
01/07/2011Referred to Committee for Courts of Justice
01/11/2011Assigned Courts sub: Civil
02/07/2011Reported from Courts of Justice with substitute (10-Y 0-N) (see vote tally)
02/07/2011Committee substitute printed 11105144D-S1
02/08/2011Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/08/2011Read second time
02/08/2011Reading of substitute waived
02/08/2011Committee substitute agreed to 11105144D-S1
02/08/2011Engrossed by Senate - committee substitute SB839S1
02/08/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/08/2011Passed Senate (40-Y 0-N) (see vote tally)
02/09/2011Placed on Calendar
02/09/2011Read first time
02/09/2011Referred to Committee for Courts of Justice
02/21/2011Committee substitute printed 11105394D-H1
02/21/2011Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally)
02/23/2011Read second time
02/24/2011Read third time
02/24/2011Committee substitute agreed to 11105394D-H1
02/24/2011Engrossed by House - committee substitute SB839H1
02/24/2011Passed House with substitute BLOCK VOTE (98-Y 0-N)
02/24/2011VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/24/2011Reconsideration of House passage agreed to by House
02/24/2011Passed House with substitute BLOCK VOTE (99-Y 0-N)
02/24/2011VOTE: PASSAGE #2 (99-Y 0-N) (see vote tally)
02/24/2011House substitute agreed to by Senate (39-Y 0-N) (see vote tally)
02/24/2011Title replaced 11105394D-H1
03/03/2011Enrolled
03/03/2011Bill text as passed Senate and House (SB839ER)
03/03/2011Signed by Speaker
03/06/2011Signed by President
03/26/2011Governor's recommendation received by Senate
04/05/2011Placed on Calendar
04/06/2011Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally)
04/06/2011House concurred in Governor's recommendation (82-Y 15-N)
04/06/2011VOTE: ADOPTION (82-Y 15-N) (see vote tally)
04/06/2011G Governor's recommendation adopted
04/06/2011Reenrolled
04/06/2011Reenrolled bill text (SB839ER2)
04/06/2011Signed by President as reenrolled
04/06/2011Signed by Speaker as reenrolled
04/06/2011Enacted, Chapter 835 (effective 7/1/11)
04/06/2011G Acts of Assembly Chapter text (CHAP0835)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 55 seconds.

Comments

Jay S., tracking this bill in Photosynthesis, notes:

petersen