Bill Status of SB3722 102nd General Assembly
Short Description: HOMESTEAD EXEMPTIONS
Sen. Karina Villa
| 2/18/2022||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Code of Civil Procedure. Provides that every individual is entitled to an estate of homestead to the extent in value of the greater of (1) the countywide median sale price for a single-family home in the calendar year prior to the calendar year in which the judgment debtor claims the exemption, not to exceed $600,000, or (2) $300,000 (rather than $15,000) of his or her interest in a farm or lot of land and buildings thereon, a condominium, or personal property, owned or rightly possessed by lease or otherwise and occupied by him or her as a residence, or in a cooperative that owns property that the individual uses as a residence. Makes conforming changes.
|Date||Chamber|| Action|| 1/21/2022||Senate||Filed with Secretary by Sen. Karina Villa|| 1/21/2022||Senate||First Reading|| 1/21/2022||Senate||Referred to Assignments|| 2/1/2022||Senate||Assigned to Judiciary|| 2/7/2022||Senate||Senate Committee Amendment No. 1 Filed with Secretary by Sen. Karina Villa|| 2/7/2022||Senate||Senate Committee Amendment No. 1 Referred to Assignments|| 2/7/2022||Senate||To Judiciary- Property Law|| 2/8/2022||Senate||Senate Committee Amendment No. 1 Assignments Refers to Judiciary|| 2/10/2022||Senate||Rule 2-10 Committee Deadline Established As February 18, 2022|| 2/18/2022||Senate||Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments|| 2/18/2022||Senate||Rule 3-9(a) / Re-referred to Assignments|