Under existing law, the value of the homestead exemption in Alabama for protection against confiscation of a homestead for debts is limited to 160 acres and $10,000 for a married couple and $5,000 for an individual
This bill would increase the homestead exemption
To amend Section 6-10-2 of the Code of Alabama 1975, relating to homestead exemption, to increase the homestead exemption for protection against confiscation of a homestead for debts to $150,000 for a married couple and $75,000 for an individual.
|April 14, 2010||Indefinitely Postponed|
|April 8, 2010||Read for the second time and placed on the calendar|
|March 9, 2010||Read for the first time and referred to the House of Representatives committee on Government Appropriations|
|Bill Text||HB696 Alabama 2010 Session - Introduced|