Bill
Bill > S06007
NY S06007
NY S06007Increases the value of homesteads which are exempt from civil judgments from one hundred fifty thousand to two hundred fifty thousand dollars.
summary
Introduced
03/27/2023
03/27/2023
In Committee
03/21/2024
03/21/2024
Crossed Over
03/21/2024
03/21/2024
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 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. Specifically, it raises the exemption limit 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 in the state. The bill aims to provide greater protection for homeowners against civil judgments by increasing the value of their exempt homesteads.
Committee Categories
Housing and Urban Affairs, Justice
Sponsors (1)
Last Action
referred to codes (on 03/21/2024)
Taxonomy
Law, Crime, and Family Issues
- ‐ Civil Law and Procedure
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/2023/S6007 | 03/27/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06007&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06007A | 01/22/2024 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06007&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06007 | 03/27/2023 |
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