Bill
Bill > A07820
NY A07820
NY A07820Increases the value of homesteads which are exempt from civil judgments from one hundred fifty thousand to two hundred fifty thousand dollars.
summary
Introduced
05/25/2021
05/25/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the civil practice law and rules, in relation to increasing the value of homesteads which are to be exempt from civil judgments
AI Summary
This bill amends the Civil Practice Law and Rules to increase the value of homesteads that are exempt from civil judgments from $150,000 to $250,000 for the counties of Kings, Queens, New York, Bronx, Richmond, Nassau, Suffolk, Rockland, Westchester, and Putnam; from $125,000 to $250,000 for the counties of Dutchess, Albany, Columbia, Orange, Saratoga, and Ulster; and from $75,000 to $250,000 for the remaining counties of the state. The bill also provides details on the exemption of homesteads exceeding the specified values and the sale of homesteads exceeding those values.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
referred to codes (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A7820 | 05/26/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07820&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07820 | 05/26/2021 |
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