Bill Text: FL S0528 | 2022 | Regular Session | Comm Sub
Bill Title: Value of Motor Vehicles Exempt from Legal Process
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2022-03-08 - Laid on Table, refer to CS/HB 265 [S0528 Detail]
Download: Florida-2022-S0528-Comm_Sub.html
Florida Senate - 2022 CS for SB 528 By the Committee on Judiciary; and Senator Polsky 590-02790-22 2022528c1 1 A bill to be entitled 2 An act relating to the value of motor vehicles exempt 3 from legal process; amending s. 222.25, F.S.; 4 authorizing certain natural persons to exempt a 5 specified amount of interest in a single motor vehicle 6 from certain legal processes; providing applicability; 7 providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Section 222.25, Florida Statutes, is amended to 12 read: 13 222.25 Other individual property of natural persons exempt 14 from legal process.— 15 (1) The following property is exempt from attachment, 16 garnishment, or other legal process: 17 (a)(1)A debtor’s interest, not to exceed $1,000 in value, 18 in a single motor vehicle as defined in s. 320.01(1)s. 320.01. 19 (b)(2)A debtor’s interest in any professionally prescribed 20 health aids for the debtor or a dependent of the debtor. 21 (c)(3)A debtor’s interest in a refund or a credit received 22 or to be received, or the traceable deposits in a financial 23 institution of a debtor’s interest in a refund or credit, 24 pursuant to s. 32 of the Internal Revenue Code of 1986, as 25 amended. This exemption does not apply to a debt owed for child 26 support or spousal support. 27 (d)(4)A debtor’s interest in personal property, not to 28 exceed $4,000, if the debtor does not claim or receive the 29 benefits of a homestead exemption under s. 4, Art. X of the 30 State Constitution. This exemption does not apply to a debt owed 31 for child support or spousal support. 32 (2) Notwithstanding paragraph (1)(a), an individual debtor 33 under the federal Bankruptcy Code may exempt a debtor’s 34 interest, not to exceed $5,000 in value, in a single motor 35 vehicle as defined in s. 320.01(1). This subsection applies to 36 any bankruptcy action filed on or after July 1, 2022. 37 Section 2. This act shall take effect July 1, 2022.