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S08109 Summary:

BILL NOS08109A
 
SAME ASSAME AS A07940
 
SPONSORRYAN S
 
COSPNSR
 
MLTSPNSR
 
Amd 5205, 5206 & 5253, CPLR; amd 282, D & C L
 
Relates to the calculation of the homestead exemption amount; relates to the indexing of the homestead exemption for housing value changes; increases the amount of the motor vehicle exemption; limits the homestead exemption available to bankruptcy debtors to one exemption per household; increases the motor vehicle exemption available in bankruptcy proceedings.
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