summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th 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 from $500,000 to $750,000 in Massachusetts. The homestead exemption is a legal provision that protects a certain amount of a homeowner's equity from being seized by creditors or the government. By increasing this exemption, the bill aims to provide greater financial protection for homeowners in the state.
Committee Categories
Justice
Sponsors (12)
Mike Connolly (D),
Jamie Eldridge (D),
Paul Heroux (D),
Pat Jehlen (D),
Barbara L'Italien (D),
Leonard Mirra (R),
Mike Moore (D),
Denise Provost (D),
Angelo Scaccia (D),
Bruce Tarr (R),
José Tosado (D),
Chris Walsh (D),
Last Action
Accompanied a study order, see H4874 (on 08/09/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H938 |
Bill | https://malegislature.gov/Bills/190/H938.pdf |
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