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Debtor exemptions: homestead exemption.

It became law on Sep 18, 2020.

CA AB 1885 · Assembly Bill · 2019–2020

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 18, 2020

What it does

Existing law provides that a specified portion of equity in a homestead, as defined, is exempt from execution to satisfy a judgment debt and prescribes that the amount of the homestead exemption is either $75,000, $100,000, or $175,000, depending on certain characteristics of the homestead's residents.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 18, 2020

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

  • Committee on BudgetLead sponsor

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Debtor exemptions: homestead exemption. | 52