Bill

Bill > H3444


MA H3444

MA H3444
Increasing the declared homestead exemption


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to increase the declared homestead exemption. The Judiciary.

AI Summary

This bill proposes to increase the declared homestead exemption in Massachusetts from $500,000 to $750,000. The homestead exemption is a legal protection that shields a certain amount of the value of a person's primary residence from being seized to pay debts. By raising the exemption limit, this bill aims to provide greater financial protection for homeowners in the state.

Committee Categories

Justice

Sponsors (11)

Last Action

Accompanied a study order, see H5081 (on 11/12/2020)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...