The bill "Value Of Motor Vehicles Exempt From Legal Process" aims to protect certain motor vehicles from being seized in legal proceedings by increasing the exemption value for such vehicles. It proposes raising the exemption threshold to a specified amount, ensuring that individuals can retain ownership of their vehicles up to this value even if facing legal actions like bankruptcy or debt collection. This change could provide greater financial security to individuals by safeguarding an essential asset from being taken away during legal processes.
2023-09-05: Filed
2023-10-05: Referred to Civil Justice Subcommittee
2023-10-05: Referred to Insurance & Banking Subcommittee
2023-10-05: Referred to Judiciary Committee
2023-10-05: Now in Civil Justice Subcommittee
2024-01-09: Added to Civil Justice Subcommittee agenda
2024-01-09: 1st Reading (Original Filed Version)
2024-01-11: Favorable by Civil Justice Subcommittee
2024-01-12: Reported out of Civil Justice Subcommittee
2024-01-12: Now in Insurance & Banking Subcommittee
2024-01-30: Added to Insurance & Banking Subcommittee agenda
2024-02-01: Favorable by Insurance & Banking Subcommittee
2024-02-01: Reported out of Insurance & Banking Subcommittee
2024-02-01: Now in Judiciary Committee
2024-02-12: Added to Judiciary Committee agenda
2024-02-14: Favorable by Judiciary Committee
2024-02-14: Reported out of Judiciary Committee
2024-02-14: Bill released to House Calendar
2024-02-14: Added to Second Reading Calendar
2024-03-04: Laid on Table
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