HB17-1093

HB17-1093 - Increase Exemption For Life Insurance Cash Value

Passed/Signed into Law
Concerning an increase in the exemption for the cash surrender value of life insurance.

Under current law, the cash surrender value of life insurance held by a debtor for 48 months or longer up to $100,000 is exempt from attachment or execution. The bill increases this exemption up to $250,000.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

House Committees

Senate Committees

Latest update: March 20, 2017
03/20/2017 - Governor Signed
03/14/2017 - Sent to the Governor
03/14/2017 - Signed by the President of the Senate
03/10/2017 - Signed by the Speaker of the House
03/06/2017 - Senate Third Reading Passed - No Amendments
03/03/2017 - Senate Second Reading Passed - No Amendments
02/28/2017 - Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
02/22/2017 - Introduced In Senate - Assigned to Finance
02/22/2017 - House Third Reading Passed with Amendments - Floor
02/21/2017 - House Second Reading Passed - No Amendments
02/15/2017 - House Committee on Finance Refer Unamended to House Committee of the Whole
01/19/2017 - Introduced In House - Assigned to Finance