Bill Text: AZ HB2211 | 2018 | Fifty-third Legislature 2nd Regular | Chaptered


Bill Title: Bankruptcy exemption; personal property

Spectrum: Partisan Bill (Republican 12-0)

Status: (Passed) 2018-04-12 - Chapter 200 [HB2211 Detail]

Download: Arizona-2018-HB2211-Chaptered.html

 

 

House Engrossed

 

 

 

State of Arizona

House of Representatives

Fifty-third Legislature

Second Regular Session

2018

 

 

 

CHAPTER 200

 

HOUSE BILL 2211

 

 

AN ACT

 

amending section 33‑1125, Arizona Revised Statutes; relating to the personal property exemption.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 


Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 33-1125, Arizona Revised Statutes, is amended to read:

START_STATUTE33-1125.  Personal items

The following property of a debtor used primarily for personal, family or household purposes shall be is exempt from process:

1.  All wearing apparel not in excess of not more than a fair market value of five hundred dollars.

2.  All musical instruments provided for the debtor's individual or family use not in excess of not more than an aggregate fair market value of four hundred dollars.

3.  Domestic pets, Horses, milk cows and poultry not in excess of not more than an aggregate fair market value of eight hundred one thousand dollars.

4.  All engagement and wedding rings not in excess of not more than an aggregate fair market value of two thousand dollars.

5.  The library of a debtor, including books, manuals, published materials and personal documents not in excess of not more than an aggregate fair market value of two hundred fifty dollars.

6.  One watch not in excess of not more than a fair market value of one two hundred fifty dollars.

7.  One typewriter, one computer, one bicycle, one sewing machine, a family bible or a lot in any burial ground, one shotgun or one rifle or one pistol, not in excess of not more than an aggregate fair market value of one two thousand dollars.

8.  Equity in one motor vehicle not in excess of not more than six thousand dollars.  If the debtor or debtor's dependent is a person with has a physical disability, the equity in the motor vehicle shall not exceed twelve thousand dollars.

9.  Professionally prescribed prostheses for the debtor or a dependent of the debtor, including a wheelchair or motorized mobility device.

10.  All firearms of not more than an aggregate fair market value of two thousand dollars.

11.  All domestic animals or household pets. END_STATUTE


 

 

 

 

APPROVED BY THE GOVERNOR APRIL 12, 2018.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE APRIL 13, 2018.

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