Bill Text: NC H849 | 2015-2016 | Regular Session | Introduced
Bill Title: Create Debtor Exemption for Firearms
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: (Introduced - Dead) 2015-04-28 - Re-ref Com On Rules, Calendar, and Operations of the House [H849 Detail]
Download: North_Carolina-2015-H849-Introduced.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2015
H D
HOUSE DRH30262-MD-18 (01/23)
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Short Title: Create Debtor Exemption for Firearms. |
(Public) |
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Sponsors: |
Representative Salmon. |
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Referred to: |
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A BILL TO BE ENTITLED
AN ACT to authorize a debtor to retain firearms valued at up to Five thousand dollars free from the enforcement of the claims of creditors.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 1C‑1601(a) reads as rewritten:
"§ 1C‑1601. What property exempt; waiver; exceptions.
(a) Exempt property. – Each individual, resident of this State, who is a debtor is entitled to retain free of the enforcement of the claims of creditors:
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(13) The debtor's aggregate interest in any lawfully possessed firearms, not to exceed a total of five thousand dollars ($5,000) in value. This exemption shall apply to a total of no more than two handguns and four rifles or shotguns."
SECTION 2. This act becomes effective October 1, 2015.
