STATE OF NEW YORK
________________________________________________________________________
11677
IN ASSEMBLY
July 30, 2010
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Weinstein)
-- read once and referred to the Committee on Judiciary
AN ACT to amend the civil practice law and rules, in relation to
increasing the property values which are exempt from the satisfaction
of a money judgment
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph 8 of subdivision (a) of section 5205 of the
2 civil practice law and rules, as added by a chapter of the laws of 2010
3 amending the civil practice law and rules relating to increasing the
4 property values which are exempt from the satisfaction of a money judg-
5 ment, as proposed in legislative bills numbers S.7034-A and A.8735-A, is
6 amended to read as follows:
7 8. one motor vehicle not exceeding four thousand dollars in value
8 above liens and encumbrances of the debtor; if such vehicle has been
9 equipped for use by a disabled debtor, then ten thousand dollars in
10 value above liens and encumbrances of the debtor; provided, however,
11 that this exemption for one motor vehicle shall not apply if the debt
12 enforced is for child support, spousal support, maintenance, alimony or
13 equitable distribution, or if the state of New York or any of its agen-
14 cies or any municipal corporation is the judgment creditor; and
15 § 2. This act shall take effect on the same date and in the same
16 manner as a chapter of the laws of 2010 amending the civil practice law
17 and rules relating to increasing the property values which are exempt
18 from the satisfaction of a money judgment, as proposed in legislative
19 bills numbers S.7034-A and A.8735-A, takes effect.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD18028-01-0
