HB336 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Homestead exemption, increased for protection against confiscation of a homestead for debts, Sec. 6-10-2 am'd.
Description
<p class="bill_description"> 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</p><p class="bill_description">
This bill would increase the homestead
exemption</p><p class="bill_entitled_an_act"> 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 $20,000 for a married couple and $10,000 for an
individual.
</p>
Subjects
Homestead Exemption
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2013 | H | Indefinitely Postponed |
| March 7, 2013 | H | Financial Services first Amendment Offered |
| March 7, 2013 | H | Read for the second time and placed on the calendar 1 amendment |
| February 21, 2013 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB336 Alabama 2013 Session - Introduced |