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Increase Exemption For Life Insurance Cash Value

It became law on Mar 20, 2017.

CO HB 17-1093 · House Bill · 2017A

Stage
Became law
Started in
House
Sponsors
Latest action
Mar 20, 2017

What it does

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.)

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Mar 20, 2017

What moved

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Who is involved

Sponsors

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

In the news

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Where it goes next

It is law in Colorado. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

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